Learn how to get Robinhood crypto wallet soon. Starting September 2021, eligible Robinhood customers can now join the crypto wallets waitlist. With wallets, you’ll be able to send your coins to other wallets and receive supported cryptocurrencies into your Robinhood account. Please note that this feature is only available to Robinhood Crypto Customers. Here is how to be the first to get access!
What is Robinhood crypto wallets?
Robinhood Crypto wallets will allow you to send your crypto to other wallet addresses and receive supported cryptocurrencies into your Robinhood account. This means you can own your keys by sending crypto to your non-hosted wallet, consolidate your coins into one account so it’s easier to track your portfolio, receive supported coins into your Robinhood account so you can trade those coins commission-free, and more.
Here's how it works in 3 steps:
1. Join the waitlist. Secure your spot in line with a couple taps. Not a Robinhood customer yet? Sign up using the link provided below.
2. If you invite friends and you move up the list as well. Once they sign up for Robinhood and link their bank account, you’ll jump the list by half. Keep jumping the list for every friend you successfully invite.
3. To check your spot, visit the detail page of any cryptocurrency on Robinhood to see your spot in line. When you’re near the front of the waitlist, you’ll be one of the first to get invited to try out wallets.
How do you find your invitation link to Robinhood Crypto?
Once you’ve joined the waitlist, you can invite people here as well as view your place on the list.
You can also visit the detail page of any cryptocurrency to see your spot in line and to refer friends. Keep in mind: your friend must use this unique referral link in order for you to qualify.
How many friends can you invite on Robinhood Crypto?
You’ll be rewarded for every successful referral who joins Robinhood and links their bank account before the waitlist ends. There’s no limit to the number of friends you can invite. For example, If you invite 10 friends, you’ll jump the list by half 10 times.
When will I get off the waitlist?
Robinhood is currently testing the rollout. Robinhood want to make sure that transferring crypto on Robinhood is safe, secure, and simple. Robinhood can’t guarantee an exact date when you’ll get access to wallets, but we’re working hard to give everyone access as soon as possible. Remember that you must be an eligible Robinhood Crypto customer in order to get off the waitlist and access the feature.
Advantages of Robinhood Crypto as Trading Platform
Remember Robinhood does not charge fee for buying crypto as oppose to Binance or Coinbase. It has a minuscule spread it charges for buy and sell cryptos. You will see it buys crypto for example in Ethereum 20-30 dollars above the market price and similarly for sell orders it sells 20 to 30 dollars below market price. You will not even notice this when purchasing crypto from Robinhood.
Robinhood Crypto Trading Platform's Wish List
I wish Robinhood crypto trading platform have lot more coins listed. If it list more exotic coins that are listed in Binance.com or reputable coins listed in Coinbase, Robinhood crypto will be my go to choice for crypto currency trading. I also wish Robinhood crypto has better technical analytics tools similar to Tradingview, I would only use Robinhood Crypto platform for cryptocurrency trading exclusively.
In Summary
After you sign up for Robinhood, you will get a message from Robinhood for sign up for wait list of Robinhood crypto wallet. Click on the Sign up here link. You will be prompt to Join Robinhood and save your spot on the crypto wallet waitlist. Click Sign up. Enter your email address. Robinhood will notify you when are eligible for Crypto wallet.
If you want more details on signup, watch the video below.
