Buy Crypto Instantly From dApps & Wallets with Robinhood Connect
• Robinhood has announced the launch of Robinhood Connect, a new feature that allows customers to easily buy and transfer cryptocurrencies as well as fund their Web3 wallets.
• Self-custody wallet Giddy is among the first mobile wallets to integrate the new on-ramp feature.
• The product is set to boost crypto’s accessibility and usability, with developers able to tap into seamless integration for Connect.
Robinhood Introduces Robinhood Connect
Robinhood, an online brokerage platform for stocks and crypto investing, has announced the launch of Robinhood Connect, a new product that offers seamless cryptocurrency integration for dApps and wallets. This low-cost on-ramp will allow users to add funds to their wallets from decentralised applications or third party wallets without having to leave the dApps or first connect to their Robinhood Crypto account.
First Mobile Wallet Partner: Giddy
Self-custody wallet Giddy is among the first mobile wallets to integrate with this new on-ramp feature. With developers able to tap into seamless integration for Connect, embedding the feature will be easy – projects can now allow their customers to buy tokens via the brokerage platform and send them directly and instantly to self-custody wallets.
Boosting Crypto’s Accessibility & Usability
The introduction of this product aims at boosting crypto’s accessibility and usability in order to promote broader adoption. According Johann Kerbrat, General Manager of Robinhood Crypto “Crypto and Web3 have the potential to change the future of the financial system for the better” and therefore products like this are essential in order make it happen.
Easy Integration For Developers
Developers interested in integrating Robinhood Connect can now do so directly from within dApps, allowing projects’ customers access tokens via a simple click while also sending them safely into their own personal wallets through an instant transfer process.
Next Steps
Robinhood’s launch at Consensus 2023 marks an important step forward towards making digital asset investments more accessible than ever before – with plans underway for further integrations across other platforms in coming weeks.
