Robinhood Crypto Launches Staking in Europe with Localized Apps to Follow

New Robinhood Crypto customers in Europe will also now earn a 10% bonus on their net buys over their first 30 days on the platform

MENLO PARK, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- Today, Robinhood Crypto is excited to announce a series of new features specifically designed for its customers in Europe, including staking, localized apps, crypto rewards for new customers, and updated Learn & Earn modules. These updates aim to increase accessibility, improve the user experience, and reinforce our commitment to Europe-based crypto traders.

“Since launching at the end of last year, our customers in Europe have told us loud and clear that they want an app that provides local language support and products that help them earn additional passive income,” said Johann Kerbrat, VP and GM of Robinhood Crypto. “Robinhood Crypto is already one of the lowest cost places to trade on average with an easy-to-use interface that prioritizes education. Today’s news is a significant step forward in our mission to offer customers a more tailored in-app experience that meets their specific needs and helps them on their financial journey.”

Unlock the Power of Staking
Starting today, we’re introducing our first-ever crypto-staking product, which will be available exclusively to our customers in Europe. Robinhood Crypto customers can now stake their Solana (SOL) holdings directly through the app, allowing them to earn rewards with the flexibility to unstake at any time.

Boost Your Rewards
Beginning today, new customers can earn a 10% bonus on their net buys over their first 30 days on the platform.* The bonus will be paid out in USDC. This initiative is part of our strategy to attract new users and improve their crypto investment journey.

Localized Experiences Tailored to You
To better serve our customers, in the coming weeks we will begin launching local language versions of the Robinhood Crypto app, starting with users in Italy, Poland and Lithuania. Once available in those countries, customers will have their experience translated into their native language, giving them more confidence and comfort as they research their investments and place trades.

Expand Your Crypto Knowledge with Learn & Earn
Knowledge is power, especially in the world of digital assets. That’s why Robinhood Crypto has rolled out a suite of Learn & Earn modules focused on AVAX, BTC and USDC. These Learn and Earn modules are tailor-made to help customers understand different cryptocurrencies while earning rewards along the way. These educational modules will soon be available in multiple languages including Italian, Polish and Lithuanian.