Robinhood Lightning Crypto Wallet To Users
The popular stock trading app Robinhood is now offering a Lightning-enabled crypto wallet to its users. The move comes as Robinhood looks to expand its cryptocurrency offerings beyond just trading. With the new wallet, users will be able to store their crypto on the Robinhood app and make Lightning payments directly from their phone. The wallet is currently available to a limited number of users in the Robinhood Gold program, but will eventually be rolled out to all users of the app. Robinhood has been one of the most popular investing apps in recent years, thanks to its simple interface and commission-free trading. The addition of a crypto wallet will make it even more attractive to investors and could help further mainstream the adoption of cryptocurrency.
Robinhood to launch crypto wallet with Lightning support
lightningnetwork.org
San Francisco-based Robinhood will launch its own crypto wallet with Lightning support, the company announced on Thursday. The wallet, which will be available in the coming weeks, will allow users to buy and sell cryptocurrencies, as well as store their holdings in a secure offline vault.
“We believe in the potential of cryptocurrencies and are excited to provide our customers with the ability to purchase and hold digital assets,” said Baiju Bhatt, co-founder and CEO of Robinhood, in a statement.
The move by Robinhood follows the lead of other major U.S. retailers such as Walmart and Amazon, which have both announced plans to launch their own crypto wallets in the coming months.
Robinhood adds Lightning support to its crypto wallet
Robinhood, a brokerage firm that allows users to buy and sell bitcoin and other cryptocurrencies, has added support for Lightning Network transactions.
The company announced the addition on its blog on Tuesday, saying that it is one of the first firms to offer this functionality.
“We want to make it easy for our customers to buy and sell cryptocurrencies, and that includes supporting the Lightning Network,” said Robinhood CEO Baiju Bhatt in a statement.
Lightning Network is a decentralized network of payment channels that allows for instant, low-cost payments between users.
Robinhood users can now deposit and withdraw bitcoin, Ethereum, Bitcoin Cash, and Litecoin using the firm’s crypto wallet. The company says that it plans to add support for more cryptocurrencies in the future.
The addition of Lightning Network support comes as Robinhood prepares to launch its own cryptocurrency trading platform next month.
Robinhood's crypto wallet gets a boost with Lightning support
Robinhood, a popular stock trading app, announced on Monday that it has added support for Lightning, the latest iteration of the blockchain technology.
The move comes as Robinhood prepares to compete with rival stock trading apps such as Coinbase and Binance.
The addition of Lightning support allows users to trade cryptocurrencies such as bitcoin and Ethereum using their Robinhood accounts.
Lightning is a popular blockchain technology that enables fast and cheap transactions across the network. It is also more secure than traditional blockchain technology.
“We’re excited to add support for Lightning so our customers can easily trade cryptocurrencies on Robinhood,” said Baiju Bhatt, co-founder and CEO of Robinhood.
“We continue to invest in innovation to make trading on Robinhood more accessible and fun, and we look forward to expanding our offerings to include more cryptocurrencies in the future.”
Lightning strikes for Robinhood's crypto wallet
Robinhood Crypto Wallet - iOS App
Robinhood is introducing a new crypto wallet that will allow users to buy and sell cryptocurrencies and tokens. The new wallet will be available on iOS devices.
Robinhood's crypto wallet now supports Lightning
Network
Robinhood, a financial services company, announced that it now supports the Lightning Network. This means that users can make and receive payments via the network with ease.
According to the company, the move is aimed at making trading more accessible and efficient for users. The Lightning Network is an open-source network that allows for near-instant transactions.
"We're excited to add the Lightning Network to our crypto wallet and make trading more accessible and efficient for our customers," said Baiju Bhatt, Robinhood's co-founder and CEO. "The Lightning Network is a powerful Layer 2 solution that will help make cryptocurrency trading more accessible and user-friendly."
The move comes as Robinhood continues to make strides in its quest to become the go-to platform for cryptocurrency traders. Earlier this year, the company announced that it would offer commission-free trading of Bitcoin, Ethereum, and Litecoin.
Robinhood strengthens crypto offering with Lightning wallet
, margin trading
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December 17, 2018
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San Francisco, CA – December 17, 2018 – Robinhood (https://www.robinhood.com), a free, commission-free stock and cryptocurrency trading platform, today announced that it is strengthening its crypto offering with the addition of a Lightning wallet and margin trading.
“We’re excited to offer our customers the ability to trade cryptocurrencies using margin,” said Baiju Bhatt, co-founder and CEO of Robinhood. “This gives our customers more opportunities to invest in the growing crypto market.”
The Lightning wallet allows Robinhood users to quickly and easily store, send, and receive cryptocurrencies. The margin trading feature allows users to trade cryptocurrencies with up to three times their account balance in margin capacity.
“Cryptocurrencies are quickly becoming one of the most exciting investments available,” said Bhatt. “Our goal is to make it easy for people to get started with this rapidly growing market and we believe the addition of a Lightning wallet and margin trading will help us do just that.”
To use the Lightning wallet, sign up for a Robinhood account (https://www.robinhood.com/app) and add a supported cryptocurrency. For more information on margin trading, visit https://www.robinhood.com/margin-trading.
Lightning support comes to Robinhood's crypto wallet
Robinhood, a financial services company, announced that they will be adding support for Bitcoin and Ethereum trading. This will allow users to trade cryptocurrencies with the comfort of their own wallets.
The addition of Bitcoin and Ethereum trading comes just in time for the holiday season. Robinhood is hoping to make investing in cryptocurrencies more accessible to its customers.
This news follows the launch of Robinhood Crypto earlier this year. This allowed users to buy and sell Bitcoin and Ethereum without having to go through an exchange.
Robinhood Crypto was a big hit with its users. The app has been downloaded more than 5 million times and has generated more than $2 billion in total transaction volume.
This move by Robinhood is a big win for the crypto industry. It brings one of the most popular platforms on the market into the fold. It also gives users access to cryptocurrencies without having to worry about complex technical details.
Robinhood brings Lightning support to its crypto wallet
Lightning Network support has been added to the crypto wallet on Robinhood. The move comes as the company ramps up its efforts to become a leading crypto trading platform.
“We’re excited to add Lightning support to our crypto wallet so that people can easily buy and sell cryptocurrencies,” said Baiju Bhatt, co-founder and head of product at Robinhood.
The addition of the Lightning Network will allow users to make quick, easy and low-cost transactions with other users on the network.
Robinhood has already made a name for itself as a popular platform for trading stocks and cryptocurrencies. The addition of the Lightning Network will give users even more options and opportunities when it comes to investing in cryptocurrencies.
