Robinhood To Share BTC to Users as it Launches Crypto Services in Europe
Robinhood launches crypto service in the EU, offers BTC rewards and over 25 cryptocurrencies.
Robinhood, a popular investment app, is launching its crypto trading service in Europe this Thursday. The app will offer over 25 cryptocurrencies, including well-known ones like BTC, ETH, and SOL. This move comes shortly after Robinhood started its brokerage services in the UK.
Previously, Robinhood tried to expand in the UK by buying Ziglu, a UK crypto company, but the deal didn't work out.
In today's announcement, Robinhood highlighted a unique feature: they will give back a part of each month's trading volume to customers in BTC. Additionally, users can earn BTC bonuses for referring friends. The General manager of RobinHood, Johann Kerbrat, mentioned that the EU's strong crypto regulations were a key reason for choosing the UK for their expansion.
