Image: Robinhood
Robinhood’s cryptocurrency wallet, which lets users spend and trade select digital currencies including Bitcoin and Ethereum, is being made available to “all eligible customers’’ on its waitlist, the company has announced. That amounts to over two million people, although the company cautions that the wallet won’t be available in Hawaii, Nevada, or New York due to “local regulations.” The wallet was initially launched as a limited test last year.
Although Robinhood has allowed customers to buy cryptocurrency on its platform, you couldn’t easily spend the cryptocurrency — it just sits in your account as a speculative asset until you decide to sell it. In contrast, Robinhood says its wallet gives customers “full access to their crypto” and…
