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    Robinhood launches Solana (SOL) staking in Europe

    Latest News


    • Robinhood Crypto has introduced launch of Solana (SOL) staking for its prospects in Europe.
    • New prospects may even get pleasure from a ten% bonus on internet buys.

    Robinhood is increasing its providers and merchandise for customers in Europe.

    On Wednesday, the buying and selling platform introduced it was launching new options that embrace Solana (SOL) staking, localized apps and crypto rewards amongst others. The brand new options will goal new prospects, Robinhood Crypto stated in an replace.

    Robinhood launches SOL staking in Europe

    As a part of its progress efforts, Robinhood Crypto now provides its “first-ever crypto staking product”.

    The platform stated Solana (SOL) staking is now obtainable straight through its app, which suggests customers can earn rewards from their staked SOL tokens.

    The product will supply the pliability of customers having the ability to unstake at any time.

    Robinhood Crypto is already one of many lowest value locations to commerce on common with an easy-to-use interface that prioritizes training. Right now’s information is a big step ahead in our mission to supply prospects a extra tailor-made in-app expertise that meets their particular wants and helps them on their monetary journey,” Johann Kerbrat, VP and GM of Robinhood Crypto stated in an announcement.

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    Staking rewards, bonuses

    Apart from the staking rewards, new prospects have an opportunity to unlock a ten% bonus on internet buys accrued over the person’s first 30 days of buying and selling. Payouts for the bonuses might be in USDC.

    New prospects may even profit from the Study & Earn modules the platform has launched, with preliminary give attention to Bitcoin (BTC), Avalanche (AVAX) and the USDC stablecoin. The merchandise are tailored to bolster prospects’ data and understanding of various cryptocurrencies.

    The brand new options additionally embrace localized apps, with native language variations of the app launched in Italy, Poland and Lithuania. Robinhood Crypto might be unveiling these localized app variations in coming weeks, the corporate introduced.

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