According to a recent announcement from popular online brokerage Robinhood, users of the Uniswap mobile app can now purchase crypto assets directly using their Robinhood balance, thanks to the Robinhood Connect integration.
According to a recent announcement from popular online brokerage Robinhood, users of the Uniswap mobile app can now purchase crypto assets directly using their Robinhood balance, thanks to the Robinhood Connect integration.
As stated by an official blog post, Uniswap mobile app users can now purchase cryptocurrency with a debit card, via bank transfer, or directly from their Robinhood balance using Robinhood Connect. This option is only available for users in the United States.
To commemorate this debut, Robinhood will reward new Robinhood Connect customers who purchase at least $10 in cryptocurrency using Robinhood Connect in the Uniswap mobile app. This category of users has the chance to win $10 in USDC.
This development marks an important step forward in improving accessibility and convenience for cryptocurrency investors, allowing them to seamlessly transition between platforms and access a broader range of digital assets.
the integration of Robinhood Connection within the Uniswap mobile app represents a significant expansion of Uniswap’s capabilities, allowing users to leverage their existing Robinhood balances to purchase cryptocurrency directly from the Uniswap platform.
Last April saw major cryptocurrency-related announcements from Robinhood. Robinhood Wallet now supports cross-chain exchanges on Polygon’s proof-of-stake (PoS) network.
The popular stock and cryptocurrency trading app announced in April that Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP) are now available to New York state residents, allowing users to buy, sell and trade these cryptocurrencies on the Robinhood app.