- Robinhood has announced a strategic expansion.
- The trading app is targeting millions of users via its crypto wallet.
- The wallet’s availability might be subject to regulatory approval in some areas.
Trading platform Robinhood has rolled out its crypto wallet application to all eligible Android users globally, the company said in a statement on Wednesday.
The Android expansion comes a year after Robinhood launched the wallet on iOS platforms, making it accessible to users in over 130 countries. The Android version of the app was in beta until today’s launch, with a user waitlist open for registrations.
Robinhood Rolls Out Crypto Wallet on Android
According to the statement, all users who previously joined the waitlist can download and get started with Robinhood’s crypto wallet today from the convenience of their Android devices. The launch makes the wallet accessible to millions of users worldwide, given that Android controls 70% of the global mobile OS market.
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With the launch, Android users can now store, manage, send, and receive crypto on various networks, including Bitcoin, Ethereum, Polygon, Arbitrum, Optimism, Dogecoin, and Base.
Users can also swap crypto on the Ethereum, Polygon, and Arbitrum networks via 0x API and LI.FI funds their wallet directly from their Robinhood balance, a third-party wallet, or a digital assets exchange.
Robinhood Crypto GM Johann Kerbrat welcomed the launch, noting that it provided a gateway to crypto and the future of finance across “Africa, Asia, South America, or somewhere else.”
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“Launching Robinhood Wallet on Android is a big step forward in our commitment to make crypto more accessible and seamlessly integrated into daily life for millions of people around the world,” Kerbrat stated.
While the wallet is open to all “eligible users” globally, the statement cautioned that availability may be subject to regulatory approval in some jurisdictions.
Read about Robinhood’s recent move on SHIB:
Robinhood Adds 202B SHIB Overnight as Other Whales Take Heed
Stay updated on the latest Bitcoin performance:
BTC Dips as Bitcoin ETFs Witness Biggest Outflows Since Debut
