Trading Giant Robinhood erméiglecht Transfere fir kierzlech opgezielt Ethereum (ETH) Challenger

Customers of the trading giant Robinhood can now execute external transfers of the Ethereum (ETH) competitor Avalanche (AVAX).

Robinhood éischt lancéiert crypto transfers in and out of its platform in July, adding trading Ënnerstëtzung for AVAX and XRP rival Stellar (XLM) last month and unlocking transfers for Avalanche on Thursday.

AVAX is trading at $17.31 at time of writing. The 17th-ranked crypto asset by market cap is down 0.46% in the past 24 hours and more than 2% in the past week. It also remains down more than 88% from its all-time high of around $145, which it hit in November of 2021.

Robinhood also gëtt an update on its crypto wallet rollout, noting wallets should still be available to customers by the end of the year. The company says beta testing starts this month.

Déi Kalifornien-baséiert Firma opgemaach a waitlist for beta testers in May after announcing that it was launching a multichain, non-custodial crypto wallet that will allow users to trade crypto, access decentralized apps (DApps), do yield farming and store non-fungible tokens (NFTs), among other functions.

Robinhood CEO Vladimir Tenev bemierken in August that the number of people who wanted to get early access to the retail trading platform’s Web3 wallet had already surpassed 1 million.

Robinhood has had a difficult year, letting go of 9% of its staff in April and another 23% vu senger Aarbechtskräfte am August.

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