Robinhood is launching in Europe with cryptocurrencies such as Bitcoin, Solana and Cardano

Robinhood, the hugely popular American investment app, is finally launching its crypto trading service in Europe.

Robinhood’s crypto platform is now accessible in all European Union countries, including the Netherlands.

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Robinhood launches in Europe with over 25 cryptocurrencies

The listed company launches its crypto trading service in Europe with more than 25 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP).

Notably, it supports 11 cryptocurrencies that are not traded in the US version of the app, such as Cardano (ADA), Solana (SOL), and Polygon (MATIC).

These coins were removed from the American platform last summer when the Securities and Exchange Commission (SEC) described them as โ€œsecuritiesโ€ in a complaint against Binance and Coinbase.

Earn BTC by signing up and trading

Robinhood uses SEPA for deposits with euros. The investment app is available for Apple’s iOS and Google’s Android.

Additionally, Robinhood reports that it offers, on average, the lowest trading costs in Europe.

The press release also states that Robinhood is the only platform where customers receive a percentage of their trading volume back each month. You will receive this percentage in BTC.

You must have traded more than โ‚ฌ100 worth of cryptocurrencies in a month, otherwise the amount will be rolled over to the next month.

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Additionally, Robinhood reports that customers earn $10 to $20 in BTC by signing up. They can also earn BTC for the first 300 people they bring to the platform via a referral link.

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Crypto: โ€œthe financial framework of the futureโ€

Robinhood Crypto CEO Johann Kerbrat said the following in the press release:

โ€œWe believe crypto is the financial framework of the future and that it plays an important role in our mission to democratize finance for everyone.โ€

That’s why we’re excited to expand crypto trading to customers across the EU, enabling them to safely buy and sell their favorite tokens.

The EU has developed one of the worldโ€™s most comprehensive policies regulating crypto assets, which is why we chose the region to anchor Robinhood Cryptoโ€™s international expansion plans.โ€

Crypto Insiders recently reported that the recent crypto market revival has resulted in record sales on Robinhood.

Robinhood also launched in the UK late last week. The platform enjoyed the hype surrounding stocks like GameStop (GME) and then Dogecoin (DOGE) in 2021. It is now expanding into Europe, perhaps in anticipation of the next bull market.

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