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Robinhood Crypto EU Unveils Solana Staking, Plans Localized Apps

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On May 15, Robinhood Crypto announced a range of new features designed for its customers based in Europe.

Robinhood Crypto empowers and promotes users in Europe to buy, sell and trade more than 30 cryptocurrencies in a very easy process. It provides features such as real-time price tracking, live charts, and comprehensive news coverage at a lower cost with easy-to-use interface.

Moreover, the platform provides users with multiple tools that can help them make informed decisions. The company prioritizes security as it ensures the safe holding of users’ assets and aims to provide a seamless and user-friendly trading experience.

The latest updates for users in Europe include staking, localized apps, crypto rewards, and updated learn-and-earn modules. These features are designed to enhance accessibility, improve user experience, and cater to the needs of Europe-based crypto traders. This step reinforces the company’s commitment to fulfill its mission and offer a tailored experience to users.

The update is the result of constant requests from users. As VP and GM of Robinhood Crypto, Johann Kerbrat, pointed out, “Since launching at the end of last year, our customers in Europe have told us loud and clear that they want an app that provides local language support and products that help them earn additional passive income.”

Staking Solana (SOL) on Robinhood Crypto

One of the most eagerly anticipated additions to Robinhood is the introduction of crypto staking. The staking will begin from May 15, 2024, as from now on, European customers will be able to stake their Solana (SOL) holdings directly through the app. 

Source: Robinhoodcrypto.com

It will allow users to earn rewards while retaining the flexibility to unstake their assets at any time, empowering them to optimize their investment strategies.

Benefits of the Added Features for Customers

Boosting Rewards for New Customers

To attract and incentivize new customers and to improve their investment journey, Robinhood Crypto has introduced a 10% bonus on net purchases for new customers in their first 30 days of operating the platform.

The bonus will be paid in USDC, which can work as an added measure to promote the crypto trading journey of new users.

Personalized Experience with Language Support

Robinhood Crypto will launch localized versions of its app in the upcoming weeks.

These localized apps will be first available to users in Italy, Poland and Lithuania. These localized apps will allow users to access the platform in their native language. It will increase confidence among the users as they navigate their investment decisions.

Expanding Crypto Knowledge with Learn and Earn Module

In line with its commitment to education, Robinhood Crypto has expanded its Learn & Earn Module to provide learning on cryptos including AVAX, BTC and USDC. These Learn and Earn resources were created to help new users deepen their understanding of different cryptocurrencies while simultaneously receiving crypto rewards. 

In the near future, these modules will also be available in multiple European languages to increase the customer base.

With the launch of these new features and updates, Robinhood Crypto confirms its commitment to providing tailored and user-centric experiences for its European customers. 

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