- Robinhood Crypto has introduced launch of Solana (SOL) staking for its prospects in Europe.
- New prospects may also get pleasure from a ten% bonus on web buys.
Robinhood is increasing its companies and merchandise for customers in Europe.
On Wednesday, the buying and selling platform introduced it was launching new options that embrace Solana (SOL) staking, localized apps and crypto rewards amongst others. The brand new options will goal new prospects, Robinhood Crypto mentioned in an replace.
Robinhood launches SOL staking in Europe
As a part of its progress efforts, Robinhood Crypto now gives its “first-ever crypto staking product”.
The platform mentioned Solana (SOL) staking is now obtainable straight by way of its app, which implies customers can earn rewards from their staked SOL tokens.
The product will supply the flexibleness of customers with the ability to unstake at any time.
“Robinhood Crypto is already one of many lowest price locations to commerce on common with an easy-to-use interface that prioritizes schooling. At this time’s information is a big step ahead in our mission to supply prospects a extra tailor-made in-app expertise that meets their particular wants and helps them on their monetary journey,” Johann Kerbrat, VP and GM of Robinhood Crypto mentioned in a press release.
Staking rewards, bonuses
Aside from the staking rewards, new prospects have an opportunity to unlock a ten% bonus on web buys accrued over the consumer’s first 30 days of buying and selling. Payouts for the bonuses will likely be in USDC.
New prospects may also profit from the Study & Earn modules the platform has launched, with preliminary deal with Bitcoin (BTC), Avalanche (AVAX) and the USDC stablecoin. The merchandise are tailored to bolster prospects’ data and understanding of various cryptocurrencies.
The brand new options additionally embrace localized apps, with native language variations of the app launched in Italy, Poland and Lithuania. Robinhood Crypto will likely be unveiling these localized app variations in coming weeks, the corporate introduced.