Home web3.0 Robinhood Crypto Europe Adds Support for Pepe (PEPE) Coin, Sparking Optimism for Its Future

Robinhood Crypto Europe Adds Support for Pepe (PEPE) Coin, Sparking Optimism for Its Future

Nov 05, 2024 pm 04:26 PM
Pepe Coin Dogecoin Robinhood

In line with the previous Pepe Coin price predictions highlighted by CNF, several factors seem to support the continued growth of PEPE coin.

Robinhood Crypto Europe Adds Support for Pepe (PEPE) Coin, Sparking Optimism for Its Future

Crypto exchange Robinhood has announced the addition of support for seven new cryptocurrencies, including the popular meme token Pepe (PEPE), on its platform in Europe.

This latest development follows Robinhood’s recent launch of a new crypto wallet feature for its European customers, enabling them to deposit and withdraw digital assets directly from the platform.

In a bid to bolster its presence in the international crypto market, the exchange has been rolling out several updates to enhance its services and offerings.

Announced via a tweet on Friday, seven new tokens have been added to Robinhood Crypto Europe, expanding the platform’s available cryptocurrency lineup.

This addition includes meme coin favorite PEPE, joining the ranks of other meme tokens already supported by the exchange, such as Dogecoin (DOGE) and Shiba Inu (SHIB).

Other tokens added to the platform are GRT, GALA, COMP, UNI and CRV.

To further entice users, especially fans of meme tokens, Robinhood Crypto Europe is offering a limited-time bonus of 1% for users who transfer PEPE tokens into the app.

Highlighting this offer in a separate tweet, the exchange aims to attract crypto enthusiasts, hoping that PEPE will follow a price trajectory similar to that of Dogecoin’s past performance.

In a recent tweet shared by the official X account, the exchange announced that PEPE transfers are now live on Robinhood Crypto.

Emphasizing the availability of both deposits and withdrawals for the popular meme token, the tweet also mentions the 1% bonus for a limited time.

Moreover, users can earn additional rewards by transferring other cryptocurrencies into the app, as stated in the tweet.

$PEPE transfers are LIVE on Robinhood Crypto.

Withdraw Deposit #PEPE, and get PEPE rewards with our 1% deposit bonus for a limited time.

Terms apply. Learn more: https://t.co/sb4gDoO6Ls

#RobinhoodOnchain pic.twitter.com/05Pd8h7kNW

— Robinhood Crypto EU (@RobinhoodCrypto) November 4, 2024

In addition to these new cryptocurrency listings, Robinhood Crypto Europe has also enabled cross-border crypto transfers for its European customers.

This latest update will allow users to seamlessly send and receive cryptocurrencies from friends and family members located outside of the European Economic Area (EEA).

Highlighting this development in a recent press release, Robinhood noted that the feature is currently available for seven cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Shiba Inu (SHIB) and Stellar Lumens (XLM).

With these updates and additions, Robinhood Crypto Europe aims to bolster its presence in the rapidly evolving international crypto market.

The exchange’s focus on meme coins and altcoins aligns with the growing interest and demand for these assets among crypto enthusiasts and retail investors.

As the crypto market continues to expand and diversify, platforms like Robinhood are adapting their strategies to cater to the shifting trends and preferences.

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