Crypto NewsAltcoinCryptocurrency and Stock Exchange Robinhood Launched This Altcoin Staking Program for Its...

Cryptocurrency and Stock Exchange Robinhood Launched This Altcoin Staking Program for Its European Users!

Robinhood announced that its European customers have the opportunity to stake this altcoin directly from the app.

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Robinhood has announced its latest offers for European users, including the launch of its Solana staking product and an attractive bonus program for new customers.

Robinhood Launches Solana Staking and Rewards Program for European Users

Robinhood announced in a statement that its European customers now have the opportunity to stake Solana assets directly through the app.

This feature allows users to earn rewards while maintaining the flexibility to stake their assets whenever they want, giving them a convenient way to earn passive income in the crypto space.

In addition to the Solana-staking service, Robinhood also offers a special bonus program targeted at new customers.

Within the scope of this program, people joining the platform will receive a 10% bonus on their net purchases for the first 30 days of using the application. These bonuses will be distributed in USDC stablecoin, as stated in the company's statement.

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Robinhood Crypto Vice President Johann Kerbrat underlined the company's commitment to meeting the evolving needs of its user base in Europe.

Kerbrat noted that since its launch in late 2023, customers in Europe have expressed their desire for localized language support and products that enable them to generate passive income.

Robinhood also said it plans to offer “localized” versions of the app in the near future.

These special versions will appeal to users in Italy, Poland and Lithuania and offer them a more personalized and user-friendly experience.

The decision to localize the app reflects Robinhood's commitment to increasing accessibility and usability for its growing European audience.

*This is not investment advice.

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