• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Cryptos

Robinhood provides wallets to 2 million users and plans to integrate Lightning

The Robinhood Ethereum address may not be able to receive NFTs or unsupported tokens.

Olumide Adesina by Olumide Adesina
April 8, 2022
in Cryptos
Robinhood’s stock falls amid possible ban of payment for order flow 
Share on FacebookShare on TwitterShare on Linkedin

Crypto and stock trading app, Robinhood will add up to 2 million new users to its digital wallet feature.

Aparna Chennapragada, Robinhood chief product officer, made the announcement Thursday at the Bitcoin 2022 Conference in Miami. She said eligible customers waiting for the digital wallet – more than two million people who had been on the waitlist – would now be able to send and receive crypto.

Additionally, the platform plans on integrating the Bitcoin Lightning Network to reduce transaction times, costs, and carbon emissions.

RelatedStories

Robinhood agrees to pay $3.9 million settlement over blocked crypto withdrawals  

Robinhood agrees to pay $3.9 million settlement over blocked crypto withdrawals  

September 5, 2024
Binance records Net inflow of $1.2 billion in 24 hours amid market crash  

Binance records Net inflow of $1.2 billion in 24 hours amid market crash  

August 7, 2024

What you should know

  • Users in Hawaii, Nevada, and New York will not be able to access the crypto wallets due to local regulations, according to Robinhood.
  • Tens of thousands of users were able to use the platform’s beta version in January 2022, after the alpha versions had been tested since September 2021.
  • Users’ reactions to Robinhood’s release on social media have mostly been positive after a seven-month wait. Some criticized the wallet’s lack of support for Ethereum-based services like non-fungible tokens and ERC-20 tokens.
  • The Robinhood Ethereum address may not be able to receive NFTs or unsupported tokens, according to the company’s FAQ page.

In the fourth quarter of 2021, Robinhood reported transaction-based revenue from crypto of $48 million, a decrease of roughly 6% from $51 million in the third quarter.


Follow us for Breaking News and Market Intelligence.
Tags: Bitcoin Lightning NetworkRobinhood
Olumide Adesina

Olumide Adesina

Olumide Adesina is a financial market writer, analyst and investment trader. Message Olumide on Twitter @Olumidecapital

Related Posts

Robinhood agrees to pay $3.9 million settlement over blocked crypto withdrawals  
Cryptos

Robinhood agrees to pay $3.9 million settlement over blocked crypto withdrawals  

September 5, 2024
Binance records Net inflow of $1.2 billion in 24 hours amid market crash  
Cryptos

Binance records Net inflow of $1.2 billion in 24 hours amid market crash  

August 7, 2024
Shopify to offer Bitcoin payment option from Partnership with Strike
Cryptos

Shopify to offer Bitcoin payment option from Partnership with Strike

April 8, 2022
Burger King partners Robinhood to offer crypto rewards
Cryptos

Burger King partners Robinhood to offer crypto rewards

November 1, 2021
Robinhood’s Q3 results show decline in crypto revenue
Cryptos

Robinhood’s Q3 results show decline in crypto revenue

October 27, 2021
Robinhood allows retail investors access to IPO shares in a bid to democratize finance
Cryptos

Robinhood’s waitlist for crypto wallet hits more than 1 million users

October 22, 2021
Next Post

Electricity update: Energy supply in Nigeria rebounds, increases to 99,916MWh

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • NNPCL may sell Warri, Port Harcourt, Kaduna refineries after 2025 review – Ojulari  
  • Trump threatens 35% tariff on Canada over fentanyl and trade retaliation 
  • CAC to upgrade company registration portal for faster, seamless access

Follow us on social media:

Recent News

NNPCL may sell Warri, Port Harcourt, Kaduna refineries after 2025 review – Ojulari  

NNPCL may sell Warri, Port Harcourt, Kaduna refineries after 2025 review – Ojulari  

July 11, 2025
Trump halts tariff hikes on most trade partners, raises China duties to 125% 

Trump threatens 35% tariff on Canada over fentanyl and trade retaliation 

July 11, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics