• A developer of an application for trading stocks and cryptocurrency has started a beta test of a crypto wallet
  • Only one thousand users got access to the innovation
  • The developer promises to add a block explorer and a QR scanner, as well as improve interface

Robinhood, the developer of popular US cryptocurrency and stock trading app, has started its beta phase – test your crypto wallet. The first thousand users on the waiting list got access to the application.

Recall that in September last year, Robinhood announced the development of its own crypto wallet. In December, it became known that the beta test of the software is scheduled for 1536 a year.


New features are now available to a small group users. They will be able to transfer, receive cryptocurrencies and track transactions. In addition, the application has a block explorer, although its development has not yet been completed.

Currently, the project supports the following cryptocurrencies: BSV, BTC, ETH, DOGE, ETC, LTC and BCH. At the beta test stage, there may be failures with transactions, the developer asks to immediately notify about this.

There is a limit on transfers so far – you can withdraw or receive assets for per day) dollars. In this case, there should be no more than transactions. Two-factor authentication is already working in the wallet to ensure the safety of savings and personal data of customers.

As part of the beta testing phase, the company plans to add a QR code scanning function, refine the browser, improve the transaction tab interface and integrate an automatic cryptocurrency-to-dollar converter .

By March, 9,000 more users will have access to the update. At the same time, there are about 1.6 million people on the waiting list, which is only 7% of the entire Robinhood customer base.

The company also plans to list the SHIB mem-coin. The decision on this issue depends on the regulation of this type of digital assets in the United States. Read also: Robinhood criticized Coinbase’s idea to create a new crypto regulator.