Ethereum

Bitcoin

Impact

zkSync

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/robinhood-expands-crypto-portfolio-for-european-customers/" data-wpel-link="internal">Robinhood Expands Crypto Portfolio for European Customers</a><br></p>
<p style="text-align: justify">Robinhood’s European unit announced a critical move today. Robinhood Crypto expanded its portfolio by announcing that zkSync (<strong>ZK</strong>) is now available for trading to European customers. This new addition reflects Robinhood’s policy of offering various cryptocurrencies to its users.</p> 
<h2 style="text-align: justify" id="what-is-zksync">What is zkSync?</h2> 
<p style="text-align: justify">zkSync is a <strong>Layer-2</strong> scaling solution designed to make transactions faster and cheaper for Ethereum. It uses zero-knowledge rollups to process transactions off-chain, significantly reducing the load on the Ethereum network. This not only increases transaction speed but also reduces costs, making it an attractive option for users and developers.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-365285 size-full" src="https://coin-turk.com/wp-content/uploads/2024/06/blockchain-3.jpeg" alt="" width="740" height="415"></p> 
<p style="text-align: justify">The inclusion of <strong>zkSync</strong> in Robinhood Crypto is a significant development for European customers. They now have the opportunity to trade an asset that promises faster and more cost-effective transactions. This aligns with the goal of making cryptocurrencies more accessible and user-friendly.</p> 
<h2 style="text-align: justify" id="what-impact-will-it-have-on-the-crypto-market">What Impact Will It Have on the Crypto Market?</h2> 
<p style="text-align: justify">The addition of zkSync to Robinhood’s platform could have various effects on the broader <a href="https://en.coin-turk.com/coinbase-the-largest-bitcoin-holder-with-25-billion-reserves/" data-wpel-link="internal">crypto market</a>. First, the adoption of Layer-2 solutions will increase as more users experience its benefits firsthand. Second, this move could encourage other platforms to support zkSync, further integrating this <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">technology</a> into the crypto ecosystem.</p> 
<p style="text-align: justify">At the time of writing, the ZK price is trading at $0.16. The lowest price level for ZK has been $0.152. The listing process for ZK coincided with a decline in Bitcoin prices, which has inevitably hindered the price increase. Many <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> are dissatisfied with the ZK price following the airdrop.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/robinhood-expands-crypto-portfolio-for-european-customers/" data-wpel-link="internal">Robinhood Expands Crypto Portfolio for European Customers</a></h5>

Robinhood Expands Crypto Portfolio for European Customers

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