Robinhood Introduced 'crypto trading app' In European Union

The Stock Trading app, Robinhood officially introduced commission-free crypto trading to customers in the European Union. The app will allow European investors to purchase and trade over 25 cryptocurrencies, including Bitcoin, Ether, and Solana's SOL.

Also The SOL, MATIC, and ADA tokens for the Solana, Polygon, and Cardano blockchains, which Robinhood delisted from its US platform in June due to regulatory demands, will be included in the company's EU offering.

“It is the only custodial crypto platform where customers will get a percentage of their trading volume back every month, paid in Bitcoin (BTC),” Robinhood said in a blog post.

“We believe crypto is the financial framework for tomorrow and that it plays a significant role in our mission to democratize finance for all,” said Johann Kerbrat, GM of Robinhood Crypto.

“The EU has developed one of the world‘s most comprehensive policies for crypto asset regulation, which is why we chose the region to anchor Robinhood Crypto’s international expansion plans.,” said Johann Kerbrat, Robinhoods head of crypto, in a statement.

About Robinhood

Robinhood is a pioneering online brokerage that enables its customers to buy and sell US stocks, ETFs, options, and cryptocurrencies with zero commission. Founded in 2013, the company has quickly become one of the most innovative and talked-about players in the fintech industry, attracting millions of customers with its transparent and user-friendly approach to investing.

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