2024

Solana

Robinhood Crypto has announced the <a href="https://newsroom.aboutrobinhood.com/robinhood-crypto-staking-europe/" target="_blank" data-type="link" data-id="https://newsroom.aboutrobinhood.com/robinhood-crypto-staking-europe/" rel="noreferrer noopener">launch</a> of a Solana-staking product with several new features tailored especially for its European customers. 
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 🚨 Announcing a few new updates to Robinhood Crypto 🚨 First, Solana ($SOL) <a href="https://twitter.com/hashtag/staking?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#staking</a> is now live for eligible European customers 🎉 This allows customers to earn staking rewards on their <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$SOL</a> holdings with the flexibility to unstake at any time.<a href="https://t.co/yioQfCHT2n" target="_blank">https://t.co/yioQfCHT2n</a> /1 <a href="https://t.co/J6cH0PMDC6" target="_blank">pic.twitter.com/J6cH0PMDC6</a>— Robinhood Crypto EU (@RobinhoodCrypto) <a href="https://twitter.com/RobinhoodCrypto/status/1790638277550031282?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">May 15, 2024</a>
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As per the announcement, these new features are Learn &amp; Earn modules, localized apps, cryptocurrency incentives for new users, and staking. The updates are intended to enhance accessibility, elevate the user experience, and reaffirm the dedication towards European cryptocurrency traders. 
With this launch, European users can now directly stake their Solana holding through the application, earning rewards and giving them the freedom to unstake at any moment, as the company said in the statement.&nbsp; 
Additionally, the company added that new users can receive a 10% bonus on their net purchases during their first 30 days on the platform. It also noted that “this bonus will be paid out in USDC.” 
Robinhood Crypto plans to release localized app versions in Lithuania, Poland, and Italy to improve the user experience. By offering translations in their native tongue, this change seeks to give users a more relaxed and secure trading environment. 
Additionally, Robinhood Crypto is introducing Learn &amp; Earn modules focusing on AVAX, BTC, and USDC. These modules are aimed at educating customers about various cryptocurrencies while offering rewards and will be accessible in multiple languages, including Italian, Polish, and Lithuanian, further empowering users to expand their crypto knowledge. 
Johann Kerbrat, VP and GM of Robinhood Crypto, stated in the statement, “Since launching at the end of last year, our customers in Europe have told us loud and clear that they want an app that provides local language support and products that help them earn additional passive income.” 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/05/10/robinhood-ceo-states-that-americans-deserve-access-to-crypto-assets/" target="_blank" rel="noreferrer noopener">Robinhood CEO States That Americans Deserve Access to Crypto Assets</a> 
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Robinhood Crypto Unveils Solana Staking Product In Europe

The Crypto Times

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