Robinhood says that it’s engaged on enabling transfers for the Cardano (ADA) cryptocurrency after launching the characteristic for different accessible cash
Main brokerage agency Robinhood says that it’s engaged on enabling transfers for Cardano (ADA).
As reported by U.At this time, Robinhood listed the ADA token on Sept. 1.
Previous to that, the zero-fee brokerage service additionally added help for Solana (SOL), Compound (COMP), Polygon (POL), and a number of other different cryptocurrencies.
Robinhood launched Bitcoin transfers for all customers in early July after initially beginning testing the characteristic final September. Customers are capable of transfer their cash out and in of the platform.
The corporate doesn’t cost an extra fee for transferring crypto out of its platform. Nevertheless, customers are nonetheless required to pay community charges.
Robinhood customers are required to undergo the method of identification verification by offering a photograph of a government-issued ID or a driver’s license so as to have the ability to transfer their cash.
The corporate has set a $5,000 day by day cap on outbound transfers.
As of now, Robinhood permits receiving the entire cash which can be at present accessible on the platform (save for the not too long ago listed ADA token).
As reported by U.At this time, the buying and selling platform began providing deposits and withdrawals for the MATIC token on the Polygon community, thus considerably reducing charges.