Buy Crypto Instantly with Robinhood Connect: Seamless Integration for dApps and Wallets
• Robinhood, a leading online brokerage for stocks and crypto investing, has launched Robinhood Connect, a new product that will allow customers to easily buy and transfer cryptocurrencies as well as fund their Web3 wallets.
• Customers can directly and instantly buy or transfer crypto from within the dApps and also fund their Web3 wallets.
• Giddy, a self-custody, recoverable smart wallet app powered by Polygon, was among the first mobile wallets to integrate Robinhood Connect.
Robinhood Launches New On-Ramp To Web3
Robinhood has announced Robinhood Connect, a new feature that offers seamless crypto integration for dApps and wallets. Self-custody wallet Giddy is among the first mobile wallets to integrate the new on-ramp feature. Customers can directly and instantly buy or transfer crypto from within the dApps and also fund their Web3 wallets.
Seamless Crypto Integration For DApps And Wallets
Robinhood’s new on-ramp to Web3 allows anyone with a Robinhood balance to now buy Bitcoin or other tokens instantly and transfer to their wallet using the new on-ramp. The low-cost on-ramp enables customers 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.
Boosting Accessibility And Usability Of Crypto
Johann Kerbrat, the general manager of Robinhood Crypto said during the product’s launch at Consensus 2023 that “Crypto and Web3 have the potential to change the future of the financial system for the better but we recognize there are still significant hurdles preventing broader adoption” He added that Robinhood Connect demonstrates strong commitment towards boosting cryptocurrency accessibility and usability.
Easy Integration For Developers
The feature is easy for developers too since they can embed it in their projects directly available for users from within dApps allowing themt o buy tokens via brokerage platform and sending them into self custody wallet.
Giddy As First Mobile Wallet To Integrate Connect
Giddy, a self custody recoverable smart wallet app powered by Polygon was among first mobile wallets which integrated Robin hood connect program which will be rolled out further into other platforms over time