Robinhood Crypto has officially launched its services in Spain, allowing users to trade, stake, and invest in cryptocurrencies directly through the platform. This move marks a significant step in Robinhood’s efforts to expand its footprint within the European Union, capitalizing on the newly implemented Markets in Crypto-Assets regulations that provide clear guidelines for the digital asset sector.
This expansion is part of Robinhood’s broader European strategy, which began in late 2023. Since then, the company has been gradually rolling out its crypto offerings across the region, including localized versions of its app in countries like Italy, Poland, and Lithuania, each designed to cater to the specific needs of these markets.
In October 2024, Robinhood further enhanced its European services by launching crypto transfer capabilities. This feature enables users to deposit and withdraw a variety of digital tokens, with over two dozen options available. The introduction of this service was met with enthusiasm, as it was one of the most requested features in the region.
To foster adoption, Robinhood is also offering a limited-time 1% reward on crypto deposits, further incentivizing users to engage with the platform’s new offerings.
