Robinhood Crypto Expands SOL Staking to Select European Countries

IconCryptoNewsTerminal Staff14 Jun, 2024

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Robinhood Crypto Expands SOL Staking to Select European Countries

Robinhood Crypto, the cryptocurrency trading platform operated by Robinhood, has officially announced via Twitter that it is now offering SOL staking to its users in select European countries. This feature allows SOL holders to earn rewards by staking their tokens and contributing to the security of the Solana blockchain. Currently, SOL staking is available to Robinhood Crypto users in the United Kingdom, Spain, Germany, France, Italy, and the Netherlands. Users can stake their SOL tokens directly through the Robinhood Crypto app and start earning rewards in near real-time. The addition of SOL staking to Robinhood Crypto's platform is a significant development for the company as it expands its offerings to meet the growing demand for staking services. Solana is one of the most popular proof-of-stake blockchains, and the ability to stake SOL through Robinhood Crypto makes it more accessible to a wider range of investors.

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