Robinhood launches fiat-to-crypto on-ramp for self-custody wallets and DApps
Robinhood Markets announced the launch of its new ‘Robinhood Connect’ service and numerous updates to its app. The launch of ‘Robinhood Connect,’ a fiat-to-crypto on-ramp featuring support for decentralized applications (DApps) and self-custody wallets, was announced at Consensus 2023 on April 27. Introducing our latest investment in crypto, Robinhood Connect: https://t.co/SmENSYufBA A low-cost, on-ramp for customers, and a seamless integration for developers. Learn more: https://t.co/rnBnR0LYww pic.twitter.com/6uSIAJkudO — Robinhood (@RobinhoodApp) April 27, 2023 Positioned as a competitor to similar services such as Coinbase Pay and MoonPay, Robinhood Connect essentially allows users purchase and sell cryptocurrency directly to and from their self-custody wallet or natively in DApps using a credit or debit card. Robinhood Connect Features integration with Web3 projects as developers can embed the service directly into applications. This allows customers to access their Robinhood ...