Is XRP the Subsequent Massive Addition to Robinhood Crypto Transfers After XLM?
Robinhood Crypto EU has added Stellar (XLM) to its crypto switch service for European customers. Whereas XLM skilled a slight value drop, derivatives shopping for elevated. Hypothesis is rising across the potential addition of XRP to the platform.
What is the Information?
On October 23, 2024, Robinhood Crypto EU introduced that Stellar (XLM) is now among the many cryptocurrencies supported for transfers on its platform. Customers within the European area can now withdraw and deposit XLM, benefiting from a 1% deposit bonus for a restricted time.
This addition brings the whole variety of cryptocurrencies accessible for transfers to over 25, together with Bitcoin, Ethereum, Solana, and USDC. The platform gives customers management over their belongings, safety by means of crime insurance coverage, and entry to instructional packages.
This announcement got here shortly after the addition of Solana (SOL) to Robinhood’s crypto transfers, amid rising pleasure across the upcoming Solana ETF launch.
Equally, the crypto group is buzzing with hypothesis a couple of attainable XRP ETF launch, which may result in the inclusion of Ripple’s XRP in Robinhood’s switch service.
At present, XRP is accessible for buying and selling solely on Robinhood’s EU platform, but it surely stays excluded from the crypto transfers characteristic. Regardless of the optimistic information, Stellar’s (XLM) value didn’t see an instantaneous rebound.
Robinhood’s transfer to increase its crypto switch choices aligns with its mission to simplify self-custody and supply simpler entry to decentralized finance (DeFi) for European clients. As hypothesis mounts in regards to the potential addition of XRP to the service, merchants and traders are watching carefully for future updates.
Conclusion
Robinhood Crypto inclusion of XLM in its switch service alerts enlargement, though the worth of XLM continues to dip. With XRP being a possible candidate for future inclusion, Robinhood’s efforts to reinforce crypto entry in Europe are carefully monitored.
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