At Consensus 2023, the popular trading platform RobinhoodApp has unveiled 'Robinhood Connect,' a new feature for users to fund their Web3 wallets without having to leave a decentralized app (dApp) or be in their crypto accounts. Aoyon_A writes
Where is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.The popular trading platform Robinhood Markets has unveiled"Robinhood Connect," a new feature for users to fund their Web3 wallets without having to leave a decentralized app or be in their crypto accounts.
Robinhood Connect will also let developers embed the feature directly into their dapps, so that Robinhood users can buy, transfer and fund their self-custody wallets, the company announced at CoinDesk's Consensus 2023 conference in Austin, Texas."With the introduction of [Robinhood] Connect, customers will be able to access their Robinhood credentials and bypass additional steps," the firm said in a statement.
Widespread access to Web3 has significantly progressed as more people adopt crypto and its related products into their daily activities. However, the complexity of accessing the technology has been among the main hurdles for further expanding use of Web3-related applications. Robinhood is aiming to address this challenge with its rollout.
"Our conviction in the future of Web3 remains strong, and we’ve continued to build new products that put the accessibility and usability of crypto front and center for customers, positioning Robinhood as the lowest cost, easiest to use on-ramp to crypto," he added., its own app to buy and sell crypto with a zero commission fee.
Robinhood's direct crypto competitor, Coinbase , already has some of the features embedded into its wallet. The crypto exchange's users can
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