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Robinhood is lastly getting into the crypto pockets enterprise with the corporate saying the launch of the Robinhood Wallet at the moment; a smartphone app that permits customers to commerce & switch digital property like crypto and NFTs. According to Robinhood, it’s at the moment being handed out step by step to greater than 1 million customers who signed up for his or her waitlist.  However, to the dismay of many, the pockets got here with out the preliminary help for Dogecoin (DOGE).

Dogecoin (DOGE) Coming Soon

After the DOGE neighborhood raised issues concerning the absence of the asset, the U.S.-based retail buying and selling platform revealed that it’s “hard at work” on including help for the favored memecoin to its newly launched cryptocurrency wallet. The announcement was positively greeted by the meme-community, significantly in gentle of the truth that Robinhood can be open to newer meme cryptocurrency listings within the coming days.

Don’t fear, we’re onerous at work on supporting Doge #RobinhoodWallet https://t.co/Hu1Be7EGrT

— Robinhood (@RobinhoodApp) January 20, 2023

Read More: Check Out The Top Crypto Telegram Channels Of 2023

Robinhood’s GM Hints DOGE Listing

The formal response is per the statements made beforehand by Johann Kerbrat, the General Manager of Cryptocurrency at Robinhood. When queries regarding Dogecoin help have been introduced ahead, Kerbrat acknowledged that they do plan on including extra chains and property, albeit with out disclosing which one.

However, Robinhood’s buying and selling app already contains help for the cryptocurrency dogecoin. And, in August 2021, the agency disclosed that Dogecoin (DOGE) was chargeable for round 62% of the corporate’s income throughout the second quarter of 2021. This determine was higher than that of Bitcoin and Ethereum. Also, just a few days again, Robinhood also launched Sherwood which is a brand new media group that might function a supply for information and data related to monetary markets, economics, enterprise, & know-how.

Among the opposite options within the pockets, the app contains additional help for exchanging cryptocurrencies with out paying the community charges. This is made potential by harnessing the ability of Polygon (MATIC), which is an Ethereum sidechain. At the second, the pockets is able to supporting about 50 completely different cryptocurrencies. These embody Shiba Inu, Ethereum (ETH), Solana (SOL), and USDC, amongst others.

Also Read: Is Bitcoin (BTC) Price Gunning For $35,000 In Coming Months?

Pratik has been a crypto evangelist since 2016 & been by way of nearly all that crypto has to supply. Be it the ICO increase, bear markets of 2018, Bitcoin halving to until now – he has seen all of it.

The introduced content material could embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.