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Robinhood Introduces New Feature for Shiba Inu and Other Coins

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Thu, 7/07/2022 - 20:40
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Robinhood Introduces New Feature for Shiba Inu and Other Coins
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Popular trading app Robinhood now allows its users to transfer Shiba Inu, Bitcoin, and other available digital assets in and out of the platform.

As reported by U.Today, the second-biggest meme cryptocurrency was finally listed on Robinhood in early April after a Change.org petition asking the company to add SHIB reached more than half a million votes.

Robinhood ventured into cryptocurrency trading back in 2018, adding support for Bitcoin, Dogecoin, and several other coins.

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Earlier this year, the trading app launched a non-custodial wallet, making it possible for traders to manage their own crypto.

Last month, Bloomberg reported that FTX was intending to buy Robinhood, but the crypto exchange refuted those rumors.  

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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