Robinhood Enables SOL Transfers with 1% Bonus for EU Users

Last updated: October 22, 2024 12:08 PM

Published October 22, 2024 1:14 AM

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

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