HomeCryptoAll the news about Robinhood's crypto staking for its European clients

All the news about Robinhood’s crypto staking for its European clients

Robinhood Crypto announced today a series of new features for its European customers, including staking services, localized apps, and cryptocurrency rewards for new users. 

These initiatives aim to increase accessibility, improve user experience, and strengthen the platform’s commitment to European crypto investors.

Robinhood: The Introduction of Crypto Staking 

Starting today, Robinhood Crypto will also offer cryptocurrency staking, but only available to its European clients.

Users will be able to manage their positions in Solana (SOL) directly through the app, with the possibility of earning rewards and the flexibility to liquidate positions at any time. 

A service, this last one, created ad hoc to meet the growing demand of European users for financial instruments that allow to generate passive profits.

Robinhood crypto: Bonus for new customers before staking

To attract new users, Robinhood Crypto also offers a 10% bonus on their net purchases in the first 30 days of using the platform.

The bonus will then be paid out in USDC.

This initiative is part of the broader platform strategy that aims to improve and facilitate users’ journey in the world of crypto investments.

Localized User Experience

In the coming weeks, Robinhood Crypto will also launch localized versions of the app for customers in Italy, Poland, and Lithuania. 

Users will therefore have a user experience in their local language. The search for investments and order management will be much simpler and more intuitive. 

This localization aims to instill greater security in customers, improving their overall experience on the platform.

Educational Modules Learn & Earn

Robinhood Crypto has also updated its Learn & Earn modules to include AVAX, BTC, and USDC, helping customers better understand the different cryptocurrencies and increasing their potential earnings. 

These forms will soon be available in different languages, including Italian, Polish, and Lithuanian.

Results from the December launch

Since its introduction in Europe last December, Robinhood Crypto has seen a high trading volume for Bitcoin (BTC), Dogwifhat (WIF), Solana (SOL) and Ethereum (ETH).

Bitcoin remains the most traded cryptocurrency on the platform and Poland, Italy, and Lithuania are among the countries with the highest number of app downloads.

Furthermore, about a third of European users consider Robinhood Crypto the main cryptocurrency exchange platform, particularly appreciating its ease of use.

Ultimately, it can be said that these new features and updates reflect Robinhood Crypto’s commitment to constantly improve the experience of its users and its willingness to adapt to their specific needs. 

With the introduction of staking and localized apps, the platform aims to become a reference point for European crypto investors.

Martina Canzani
Martina Canzani
Graduated in Law at the University of Milan. After completing her academic studies, she became interested in the world of blockchain, finding it a powerful tool for redemption. Her passion then turned into a job, and now she invests in early-stage projects in decentralised finance and DAO and writes articles on all the news concerning the crypto world.