Robinhood Crypto EU has expanded its Crypto Transfers feature by adding Stellar (XLM), raising speculation about whether XRP could be the next addition. Users can now deposit and withdraw XLM on the platform, with a 1% deposit bonus available for a limited period. Despite the announcement, XLM’s price dipped by 1% over the past day, although derivatives buying saw a 3% uptick.
Robinhood Crypto Adds Stellar (XLM) for EU Users:
On October 23, Robinhood Europe’s crypto division announced the inclusion of XLM in its supported cryptocurrencies for crypto transfers, further broadening the range of assets users can manage on the platform. European customers now have the option to transfer over 25 cryptocurrencies, such as Bitcoin, Ethereum, Solana, and USDC, with enhanced control, security features, and crime insurance, along with educational benefits.
This follows Robinhood’s recent addition of Solana to crypto transfers, coinciding with increased speculation about a potential Solana ETF launch. Similarly, there has been rising anticipation for an XRP ETF. While Robinhood currently supports XRP trading for EU users, it has yet to include the token in its Crypto Transfers feature.
Earlier this month, several tokens were excluded from Robinhood’s transfer feature, including Ripple’s XRP, zkSync (ZK), Wormhole (W), Arbitrum (ARB), and others like Cosmos (ATOM), Polkadot (DOT), and Fantom (FTM). Johann Kerbrat, VP and GM of Robinhood Crypto, emphasized that the expansion of crypto transfers in Europe aims to make self-custody and access to DeFi more straightforward for users.
