HomeNEWSRobinhood Is Working On Developing New Feature For Gifting Crypto

Robinhood Is Working On Developing New Feature For Gifting Crypto


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According to a report from Bloomberg, Robinhood has been planning to add a new feature to their globally popular trading platform which will enable the users to send cryptocurrency to their fellow peers using digital gift cards. All this was discovered through a code that was found in the beta version of Robinhood’s iOS application. 

According to the report, the cards can hold messages that will accommodate up to 180 characters. Users can even retract the money whenever they want before it reaches the recipient. Developer Steve Moser had discovered the code on the beta version of their application, which was then shared with Bloomberg. 

Previously, it has been found that the beta version of Robinhood’s application contained several new features, which even included support for cryptocurrency wallets. For Robinhood, commissions generated from trading cryptocurrencies have emerged as a potential source of revenue in the past few quarters. The globally renowned crypto tracing firm, Chainalysis, announced on Monday that they will be providing Robinhood with compliance and data tools for the online trading services provided by the platform.

Kumari Preeti
Kumari Preetihttp://www.kumaripreeti.design
I am a construction engineer turned sprouting user experience designer who is currently based in New Delhi, India. Diversified knowledge and experience in various sectors gave me a perspective of bridging the gap between technology and people. My passion lies in human psychology which further broadens the horizon. The primary thought that frames my writing is simple, easy-to-understand content. I want to make it accessible to common people who should know about the transformation which is slowly becoming part of their everyday life.

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