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Crypto Wallets Beta Program is Here

Crypto Wallets Beta Program is Here

We’re excited to announce that the next phase of our Wallets program, the Beta program, is officially live.

Starting today, we’ll begin rolling out crypto Wallets to 1,000 customers from the top of the Wallets waitlist (subject to owning an external wallet for testing and some safety checks). By March, we will expand the program to 10,000 customers before rolling out to the rest of the WenWallets waitlist.

This is the second major milestone in our Wallets rollout, which will enable Robinhood customers to send and receive their crypto from Robinhood to external crypto wallets, and fully connect Robinhood crypto holders to the greater blockchain ecosystem for the very first time.

Beta testers will help us test core functionality and provide critical feedback to inform the final version of the product. Over the duration of the Beta program, we will finalize the send and receive flows, add delightful QR scanning experiences, improve the transaction history interface, and add block explorer support to provide more insights into their on-chain transactions. 

We will also add the ability for customers to calculate the dollar amount of crypto to send/receive in terms of dollar amounts. Beta testers will have a daily limit of $2999 in total withdrawals and 10 transactions, and will need to enable two-factor authentication.

Connecting millions of Robinhood customers to the blockchain ecosystem in a safe, accessible setting is a massive undertaking. We take this responsibility seriously, which is why we’re rolling out wallets methodically, consistent with our “Safety First” value. We’ve built world-class security integrations to monitor all transactions, ensuring that customers are able to both safely invest and transfer their crypto.

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