Robinhood plans to launch beta crypto wallets in January as HOOD drops to $17

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Robinhood plans to launch beta crypto wallets in January as HOOD drops to $17
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The price of HOOD dropped to a new low of $17.03, a fall of 75% since reaching an ATH in August.

on the security of users, as well as providing education on crypto transactions and clarity around network and gas fees.phase will start in mid-January & enable a larger group of users from the waitlist to gain access.

While Alpha focused on a small batch of customers and 1:1 engagement, Beta will roll out to tens of thousands of customers.“While some say 2021 is the year that crypto went mainstream, the truth is that most people are still familiarizing themselves with the asset class and how to navigate the blockchain,” said Robinhood. “With the launch of wallets, we’re thrilled to play a significant role in welcoming a broad range of investors to the cryptosphere for the very first time.

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