Robinhood Connect integrates MetaMask Buy Crypto aggregator to facilitate easier crypto purchases
Quick Take The move aims to reduce friction for users purchasing cryptocurrency using Robinhood’s order engine.
Investment app Robinhood has incorporated features from Consensys's MetaMask ecosystem to facilitate easier crypto purchases.
The two firms have launched an integration of Robinhood Connect with MetaMask's Buy Crypto aggregator. The move aims to reduce friction for Robinhood users purchasing cryptocurrency, according to a statement. The service will only be available for U.S. customers.
Robinhood Connect is the firm's platform for letting users buy and swap crypto to self-custody wallets and decentralized applications. MetaMask's Buy Crypto aggregator enables individuals to purchase cryptocurrency from numerous providers in 189 different countries and follows know-your-customer compliance laws based on a user's region.
"We're excited to combine Robinhood 's low-cost, high-quality trading with MetaMask's market-leading secure, and self-custodial web3 wallet," Lorenzo Santos, Consensys Senior Product Manager, told The Block in an email. "This partnership offers our users the best of both worlds, connecting our customer base to ensure crypto trading is safe, accessible and affordable."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Daily: Bitcoin and ether dip amid second Trump assassination attempt, Fed may cut rates by 50 bps this week and more
Bitcoin and ether dip after Friday’s rally amid reports of a second assassination attempt on Donald Trump.The Federal Reserve is now expected to cut rates by 50 bps this week, giving a boost to bitcoin, according to a Bitwise analyst.Former Celsius CEO Alex Mashinsky seeks testimony from six witnesses as he faces 115-year prison sentence.The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ethereum Investor Reaps 446x Return After 8.5 Years
Flare Network launches Flare Time Series Oracle v2 to boost performance, security, and scalability