Investment application Robinhood announced in its statement today that its cryptocurrency service has started in the European Union.
Robinhood’s application, which will be available this week, will be able to trade with more than 25 cryptocurrencies, including Bitcoin, Ethereum and Solana.
According to the statement, Robinhood will be the only platform in the market that pays users as a percentage in Bitcoin based on their transaction volume. Users will also be able to earn bonuses in Bitcoin by providing referrals.
Johann Kerbrat, General Manager of Robinhood Crypto, “The EU has developed one of the most comprehensive policies for crypto asset regulation in the world, which is why we chose it as the center of Robinhood Crypto’s international growth plans.” said.
In its statement last week, Robinhood stated that it would enter the UK market at the beginning of 2024.