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Altcoin News

Robinhood Enables SOL Transfers with 1% Bonus for EU Users

Written By:
Jalpa Bhavsar

Reviewed By:
Dhara Chavda

Last updated: October 22, 2024 12:08 PM
Published October 22, 2024 1:14 AM
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Last updated: October 22, 2024 12:08 PM
Published October 22, 2024 1:14 AM
Robinhood Enables SOL Transfers with 1% Bonus for EU Users

Robinhood Crypto has expanded its cryptocurrency offerings by enabling Solana (SOL) transfers for its users in the European Union. 

Robinhood Enables SOL Transfers
Robinhood Enables SOL Transfers, Source: Twitter

As of the recent update, users can now deposit and withdraw SOL directly from the Robinhood Crypto app, enhancing flexibility for managing Solana assets. This feature is part of Robinhood’s broader effort to increase its range of supported cryptocurrencies and facilitate easier user transactions.

Users who deposit SOL into their Robinhood Crypto accounts will receive a 1% deposit reward bonus. This promotion runs until November 30, 2024, giving users over a month to take advantage of the bonus. 

This move aligns with Solana’s rising popularity due to its fast transaction speeds and low fees, making it a favored choice for traders and developers.

Also Read: Robinhood to Launch Bitcoin and Ether Futures Trading

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.
Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
Follow:
Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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