Robinhood Realizes The Idea Of A Cryptocurrency Wallet

Recently commission-free trading app Robinhood started offering free cryptocurrency trading.

Pursuant to a job advertisement which originated on the personnel selection website, Greenhouse, Robinhood is, according to the report, working on its own cryptocurrency wallet. This would enable Robinhood’s clients to push their crypto funds from other wallets and brokerage companies into the platform without having to sell them first.

Currently for customers of the charge-free investment app to pass their cryptocurrencies in and out of Robinhood they are obliged to sell them, move the money to the expected platform and then acquire the cryptocurrencies of their option.

Bitcoin News

As per the job ad which was originally noticed by Business Insider the charge -free investing app is looking for a ‘Crypto Engineer’ who will be accountable for,  giving new features to the company’s crypto product.

To be studied and deliberated applicants are obliged to have at least one year of experience in crypto or blockchain development and  preliminary experience with allocated services.

Pursuant to a spokesperson for Robinhood which at the moment uses a valuation of $5.6 billion clients of the company have been always asking for a way of rolling cryptocurrencies into the app from other services. In addition the capacity to move cryptocurrencies, possessing its own cryptocurrency wallet could also ensure customers of Robinhood with a more guarantee way of saving  their digital assets.

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