Robinhood to Enable its Users to Gift Crypto, Partners with Chainalysis to Flag “Risky & Illicit Transactions”

2021-12-14 16:49

Robinhood Markets (HOOD) is working on another crypto-related feature that will let its users send cryptocurrency to others as a gift.

This new feature was revealed in the app’s code, discovered in the beta version of Robinhood’s iPhone app.

It will allow sending cryptocurrency via digital gift cards along with a message up to 180 characters in length. The user will also be able to retract their gift anytime before it is accepted.

Previously, the beta versions of the company’s apps have disclosed the upcoming features such as support for crypto-wallets.

The stock and crypto trading app has been focused on increasing its crypto offers, as digital assets make up a big chunk of its revenue. And while crypto trading revenue plummeted in Q3, CEO Vlad Tenev said he is optimistic about the company's prospects in the crypto space.

Recently, Tenev revealed that more than 1.6 million users had joined Robinhood’s digital wallet waitlist. This crypto wallet is expected to be available to its users by early next year.

This week, Robinhood Crypto also onboarded crypto tracing firm Chainalysis to meet its compliance requirements and help keep accounts safe.

Robinhood will use the software Chainalsysis KYT to flag “risky and illicit transactions in real time,” while Chainalysis Reactor will help with due diligence of potentially suspicious activity.

“Chainalysis works closely with regulators and law enforcement to develop industry best practices, and that approach is aligned with Robinhood’s commitment to working with policymakers in a collaborative manner,” said Ben Einstein, head of partnerships at Robinhood Crypto.

The post Robinhood to Enable its Users to Gift Crypto, Partners with Chainalysis to Flag “Risky & Illicit Transactions” first appeared on BitcoinExchangeGuide.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

GiftNet (GIFT) íà Currencies.ru

$ 0 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $0 - H: $0
Êàïèòàëèçàöèÿ $0 Rank 99999
Äîñòóïíî / Âñåãî 0 GIFT

robinhood feature app users gift send cryptocurrency

robinhood feature → Ðåçóëüòàòîâ: 24


Robinhood Trading App Rolls Out “Dollar Cost Averaging” for Crypto Investments

Robinhood is rolling out a new crypto feature that will allow users to automatically invest in supported cryptocurrencies on a daily, weekly, or monthly basis without a commission fee. Supported cryptocurrencies on the brokerage company include Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), Ethereum Classic (ETC), Bitcoin Cash (BCH), and Bitcoin SV (BSV).

2021-9-9 16:45


Robinhood Explores New Feature Called ‘Round Up Investment’ to Protect Customers Against Crypto Volatility

The zero-fee trading app basically wants to do this by skipping its customers’ recurring orders or buying less than their chosen amount. The post Robinhood Explores New Feature Called ‘Round Up Investment’ to Protect Customers Against Crypto Volatility first appeared on BitcoinExchangeGuide.

2021-7-29 17:21


Robinhood Is Working Fast on A ‘Wallet’ Feature; CEO says Might Add New Coins Too

Zero-commission broker Robinhood has plans for growth in the crypto industry as it works on expanding the capabilities of its crypto trading services. Vlad Tenev, Robinhood CEO, said in a “fireside chat” posted on YouTube that the online brokerage is currently making sure that the “wallet” feature is safe before introducing it.

2021-3-20 23:27


Ôîòî:

Yahoo Finance Brings BTC, ETH, LTC Trading Support To Mobile Phones

As reported by Ethereum World News previously, Yahoo Finance, one of the world’s most popular finance-centric sites introduced support for a native crypto trading feature. On Wednesday, the website allowed its users to trade Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) via Coinbase and Robinhood API integrations, without ever having to click off […] The post Yahoo Finance Brings BTC, ETH, LTC Trading Support To Mobile Phones appeared first on Ethereum World News.

2018-9-1 23:15