Popular investment app Robinhood has officially introduced its crypto trading app in the European Union, marking a significant expansion of its services in the international market.
Robinhood Expands International Presence by Launching Crypto Trading App in Europe
The app, which will go live in Europe today, will offer investors access to a wide range of more than 25 tokens, including leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Solana (SOL).
This European launch comes on the heels of Robinhood launching its brokerage services in the UK just a week ago.
The expansion into the UK market comes after several failed attempts, including a failed deal to acquire UK-based crypto startup Ziglu.
In a statement made today, Robinhood emphasized that its platform stands out as the only platform in the market that provides unique incentives to users.
It offers to refund a certain percentage of customers' trading volume in Bitcoin (BTC) every month. Additionally, users have the opportunity to earn referral bonuses in BTC.
Robinhood Crypto Managing Director Johann Kerbrat emphasized that the EU's comprehensive regulatory framework for crypto assets was a key factor in the company's decision to anchor its international expansion plans in the region.
*This is not investment advice.
