Robinhood Crypto continues to expand into Europe with the launch of new localized trading app in Spain
Odaily News Robinhood Crypto announced on Tuesday that its trading, staking and investing services are now available to users in Spain, marking the company’s latest expansion in Europe following the implementation of the European Union’s crypto asset market regulations.
Last year, the trading platform unveiled a plan to expand its services to the European Union, the United Kingdom, and Asia. “The European Union is as big as the United States in terms of total potential market,” Johann Kerbrat, general manager of Robinhood’s crypto division, said at the time. “It’s definitely an interesting market for us.”
Notably, last October, Robinhood Crypto launched a cryptocurrency transfer service for European customers, enabling them to deposit and withdraw about two dozen tokens, which became "one of the most popular features in the region." For a limited time, Robinhood incentivized user growth by offering a 1% reward on the value of crypto deposits. (The Block)
