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Robinhood is increasing its crypto choices by including help for the native asset of decentralized crypto trade Uniswap (UNI).
This week, the buying and selling large added help for Uniswap, which is valued at $6.79 at time of writing, up almost 13% prior to now seven days, outpacing a stagnant crypto market.
Robinhood crypto additionally presents companies for Bitcoin (BTC), Chainlink (LINK), Dogecoin (DOGE), Ethereum (ETH), Polygon (MATIC), Shiba Inu (SHIB), Solana (SOL) and different main crypto tasks.
In Might, the buying and selling firm introduced it was launching a brand new non-custodial crypto and non-fungible token (NFT) pockets.
Robinhood CEO and co-founder Vlad Tenev mentioned in an interview with CNBC that the pockets will function a solution to broaden entry to decentralized trade platforms and hand over possession of digital belongings to their homeowners.
“Our main goal is to present prospects an important product, a chance to not simply commerce via the centralized trade of Robinhood, but additionally preserve full management and custody of their keys and assist them entry decentralized exchanges and swap cash…
Our focus is on simply ensuring that that is the best way for our prospects to entry Internet 3.0 and keep self custody going ahead.”
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Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any loses chances are you’ll incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in affiliate marketing online.
Featured Picture: Shutterstock/Profil_zero/WindAwake
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