Robinhood’s wallet app is now available to all iOS users

Robinhood introduced Wednesday that its self-protecting crypto pockets app is now accessible to all iOS customers. The pockets was first launched in beta final September with 10,000 customers and has paid no community charges for exchanging Polygon’s MATIC tokens. The corporate in January made available to more than 1 million users on the waiting list.

Whereas the app was initially launched completely with Polygon, the corporate has now included the Ethereum blockchain with help for over 50 ERC tokens akin to COMP, MATIC, SHIB, SOL, UNI, USDC and extra.

“Customers have informed us they need entry to extra cryptocurrencies on extra chains, so we shortly added help for Ethereum. Whereas we’re conscious of a turbulent few months within the crypto area, we stay dedicated to our mission to make Robinhood essentially the most dependable, cost-effective and easiest-to-use solution to transition to crypto,” mentioned Johann Kerbrat, Managing Director of Robinhood Crypto. a blog post.

Robinhood Pockets additionally permits customers to carry their Polygon and Ethereum based mostly NFTs. In addition they have entry to dApps like Uniswap, Balancer, and Kyberswap. The corporate famous that it nonetheless will not cost any community charges on Polygon.

For safety, the fintech firm mentioned customers might want to arrange a FaceID/Contact ID unlock or a particular PIN to entry the app every time. Plus, similar to with different private surveillance wallets like MetaMask, customers might want to create and retailer a restoration phrase.

Robinhood mentioned the app is out there in 130 international locations on the Apple App Retailer and is working to launch the Android model later this 12 months.

Earlier this week, the US Safety and Exchanges Fee (SEC) sued the company over cryptocurrency deals. In the meantime, the robo-advisory firm Wealthfront is launched a competing stock trading solution this permits customers to take a position as little as $1.