California based financial services company, Robinhood is moving towards final roll out of its crypto wallet. After its Alpha testing that started in October, a Beta phase is next.
In a new company blog post on “Under the Hood”, the firm announced to roll out the beta phase for its “#WenWallets” program in the coming month, thereby effectively bringing the crypto wallet to thousands of customers who have signed up and are now on Robinhood’s waitlist.
“In mid-January, we will launch the wallets Beta phase, which will roll out to thousands of customers from the waitlist. We will be sharing more information on the Beta program in the coming weeks. “
The crypto wallet project was first announced in September, kicking off with the alpha testing in October. After analyzing the initial feedback from the alpha testers, the company is now moving to the next beta phase.
“Through our Alpha program, we sought feedback from a tight-knit group of customers from our wallets waitlist.
They tested our first iteration of crypto wallets and shared detailed design and functionality feedback with our team to help us deliver a top-notch experience…
Our customer-centric, design-first approach has been a hallmark of Robinhood since we started. Even though wallets offer a new experience with a different asset class, the Alpha testers wanted it to feel familiar, and that’s what we’ll deliver.”
Robinhood currently supports commission-less crypto trading for seven cryptocurrencies, Bitcoin, Ethereum, Dogecoin, Bitcoin Cash and Litecoin included, and the platform plans to continue to do so.
“As always, crypto trading on Robinhood will remain commission-free, but transacting on-chain typically requires a network fee, which is decided by the network and can fluctuate based on a number of factors”
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Source: Igaming
