Robinhood Launches New Crypto Wallet on iOS

Robinhood just launched a new crypto wallet on iOS. Check out the latest reports below.

Trading giant Robinhood is launching its new crypto wallet on Apple’s mobile operating system with support for a handful of prominent altcoins.

In a new blog post, Robinhood revealed that “its Web3-enabled wallet is now available to all iOS customers around the world, and it will be adding support for crypto assets such as Shiba Inu (SHIB), layer-2 scaling solution Polygon (MATIC), and Ethereum (ETH).”

More crypto supported by the wallet includes Solana (SOL), Uniswap (UNI), and stablecoin USD Coin (USDC).

According to Johann Kerbat, the general manager of Robinhood’s crypto branch, the updates were added to the wallet after the company reflected on user feedback from the beta release last year.

“The feedback we’ve received for Robinhood Wallet since first launching in beta has been extremely positive.”

Check out what more the notes revealed:

“Users have told us they love how accessible and easy to use the app is, and that they really enjoy the ability to self-custody their digital assets and swap with no network fees on Polygon. They also told us they want access to more coins on more chains, which is why we’ve quickly added support for Ethereum.”

According to the latest reports, it has been revealed that the macro expert Lyn Alden says that Bitcoin (BTC) is a “strong buy” at its current price but warns traders to keep in mind there may be volatility ahead.

In a new interview with Swan Signal, Alden said the fact that Bitcoin’s current value gives investors what may be a rare opportunity to accumulate BTC at such a price level.

On the other hand, it’s also important to note the fact that Alden says there is a possibility Bitcoin may dip in value later this year if federal monetary policies dry up liquidity.