May 15, 2024 at 01:54 PM GST



1 min read



News

  • Robinhood launches Solana staking for European customers, enabling rewards and flexible unstaking.
  • New Robinhood users receive a 10% bonus on net purchases in USDC stablecoins for the first 30 days.
  • Robinhood to roll out localized app versions in Italy, Poland, and Lithuania, boosting European presence.

Robinhood Crypto has introduced a new Solana-staking product which is designed for its European customers. This service allows users to stake their Solana assets directly through the Robinhood app, so that they can earn rewards while keeping the option to unstake their assets if they want to.


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Together with the commencement of Solana staking, Robinhood has also revealed a bonus program to get more users to join its platform. During the first 30 days of the account’s existence, new customers will get a 10% bonus on their net purchases. The bonus will be given to the employees in the USDC stablecoins form.

Expanding Services Across Europe

Further enhancing its offerings in Europe, Robinhood is set to roll out localized versions of its app in several key markets, including Italy, Poland, and Lithuania in the upcoming weeks. This expansion responds to the clear demand from European customers for applications that support local languages and offer opportunities for passive income. 

The localization of the app is expected to increase its usability and popularity in these markets, building on the success Robinhood has already seen in these countries.

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