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Tomiwabold Olajide

Robinhood pockets has added help for Ethereum community and ERC-20 tokens

In September of final 12 months, Robinhood announced the launch of its beta Web3 pockets, permitting 10,000 waitlisted clients to take part within the pockets’s testing section.

A product referred to as Robinhood Pockets permits customers to commerce and swap cryptocurrencies with no community charges. It has introduced Polygon as its first supported blockchain.

In a brand new tweet, Robinhood Crypto normal supervisor Johann Kerbrat introduced that, along with Polygon, help for the Ethereum community has now been added. Likewise, help for greater than 50 ERC-20 tokens is listed within the Robinhood app, together with Shiba Inu.

This enables clients to have the ability to switch tokens like COMP, MATIC, SHIB, SOL, UNI, USDC and others from the Robinhood app and different platforms to their Robinhood Pockets.

In April of final 12 months, Shiba Inu was listed on the Robinhood app, a lot to the delight of the SHIB neighborhood. A petition to record the dog-themed cryptocurrency on the commission-free investing app reached practically 600,000 signatures.

Rollout commences

Johann Kerbrat said that the rollout of the Web3 Robinhood Pockets to its over 1 million waitlists has begun. The launched Robinhood pockets incorporates modifications made based mostly on buyer suggestions because the beta program.

On this regard, help for NFTs on each Ethereum and Polygon has been added, enabling customers to securely view and retailer their favourite collections.

Together with these enhancements, customers would nonetheless be capable of swap cryptocurrencies and tokens with no community charges on Polygon, and likewise hook up with their favourite Web3 apps.

Kerbrat introduced that within the coming weeks, entry codes that may give its clients entry to the Robinhood Pockets iOS app can be shared via e-mail. Customers who obtain and acquire entry are eligible to obtain $5 in cryptocurrency of their wallets.

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