Robinhood Is Testing Bitcoin and Crypto Withdrawal Feature And New Digital Wallet

Robinhood is finally testing Bitcoin and crypto withdrawals, as well as a new digital hot wallet, the firm announced on its blog Wednesday. Robinhood also opened a waitlist where users could sign up to test out the forthcoming wallets 

The update comes after the past year of broad criticism of Robinhood for, among other things, not allowing users to control their own Bitcoin private keys. The firm repeatedly hinted at enabling such features over the last year without delivering any evidence that such products were being developed.

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