Robinhood says that it’s engaged on enabling transfers for Cardano (ADA) cryptocurrency after launching characteristic for different accessible cash
Main brokerage agency Robinhood says that it’s engaged on enabling transfers for Cardano (ADA).
As reported by U.Today, Robinhood listed the ADA token on Sept. 1.
Previous to that, the zero-fee brokerage service additionally added help for Solana (SOL), Compound (COMP), Polygon (POL) and several other different cryptocurrencies.
Robinhood launched Bitcoin transfers for all customers in early July after initially beginning testing the characteristic final September. Customers are capable of transfer their cash out and in of the platform.
The corporate doesn’t cost an extra fee for transferring crypto out of its platform. Nevertheless, customers are nonetheless required to pay community charges.
Robinhood customers are required to undergo the method of identification verification by offering a photograph of a government-issued ID or a driver’s license so as to have the ability to transfer their cash.
The corporate has set a $5,000 day by day cap on outbound transfers.
As of now, Robinhood permits receiving all the cash which might be at the moment accessible on the platform (save for the just lately listed ADA token).
As reported by U.Today, the buying and selling platform began providing deposits and withdrawals for the MATIC token on the Polygon community, thus considerably reducing charges.
Supply: https://u.at present/robinhood-working-on-enabling-cardano-ada-transfers
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