Robinhood Crypto app debuts in France

Robinhood has just deployed its application to trade from crypto free of charge in theEUincluding in France. The famous American broker offers a functionality from cashback at Bitcoin.

Robinhood announced this Thursday the launch of its mobile application offering the buying and selling of crypto-currencies in theEuropean Union. The announcement came just days after his arrival in the UK.

We believe that crypto is the financial framework of tomorrow and that it plays an important role in our mission to democratize finance for all. For this reason, we are delighted to extend crypto-currency trading to customers across the EU,” commented Johann Kerbrat, Robinhood Crypto’s boss, in a statement.

According to the executive, the old continent offers one of the “most comprehensive policies in the world” when it comes to crypto regulation. “That’s why we chose the region to anchor Robinhood Crypto’s international expansion plans,” he shared.

Available today on the App store and Google Play, Robinhood Crypto lets you buy Bitcoin and around twenty other tokens, including Ethereum and Solana.

The app charges no fees for buying and selling crypto-currencies – apart from the spread – and returns bitcoins to users in the form of cashback (representing a percentage of their transaction volume).

Robinhood boasts that it markets Europe’s “cheapest” crypto-trading app. In 2024, the listed fintech plans to list more digital coins, allow outgoing transfers and launch a staking service.

Last year, Robinhood acquired British crypto investment app Ziglu. The deal gave the US broker a license to offer financial products in the UK and paved the way for expansion in the EU.

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