By John McCrank<\/p>\n<\/p>\n
NEW YORK, Sept 22 (Reuters) – Robinhood Markets Inc said on Wednesday it plans to begin testing cryptocurrency news india<\/a> wallets next month, with a broader rollout in early 2022, allowing its users to move supported digital currencies in and out of their brokerage accounts.<\/p>\n<\/p>\n The Menlo Park-based retail brokerage currently allows buying, selling and holding of certain cryptocurrencies, mining cryptocurrency news india<\/a> taxes canada like bitcoin and pi network cryptocurrency dogecoin, and https:\/\/getpaid2influence.com\/Crypto-Affiliates<\/a> last quarter saw crypto transactions exceed equities transactions for the first time.<\/p>\n<\/p>\n Customers of Robinhood, which benefited from a boom in retail trading<\/a> during the pandemic, have long asked for crypto wallets, which would allow them to participate more broadly in blockchain-based ecosystems, such as buying virtual assets like non-fungible tokens (NTFs) on the Ethereum network.<\/p>\n<\/p>\n “This is the natural next step for us when we think about democratizing finance for all, being able to have a lot more people from a lot of different contexts participate in this emerging market, and wallets are the key,” Aparna Chennapragada, Robinhood’s chief product officer, https:\/\/lexsrv3.nlm.nih.gov<\/a> said in an interview.”<\/p>\n<\/p>\n The company plans to survey its current crypto-trading customers, which make up around 60% of the app’s 21.3 million active users, and pick small group of respondents to begin testing the new wallets and provide feedback, Chennapragada said.<\/p>\n<\/p>\n Robinhood customers can also join a wait list for future access to the wallets as part of a phased rollout, she said.<\/p>\n<\/p>\n The wallets will include security features such as identity verification, multi-factor authentication, and email and phone verification to keep coins safe from hacks and other threats, the company said.<\/p>\n<\/p>\n