Robinhood & Polygon Launched Web3 Wallet Beta

Robinhood has launched its Web3 wallet through the Blockchain network, Polygon. The beta version of Robinhood wallet has been live for 10,000 iOS customers (1+ million people signed up for the waitlist) in May. 

These two companies are making DeFi accessible to millions of US users. Polygon was chosen because it supports an excellent trading experience, the network’s scalability, speed, low fees, and a robust ecosystem for developers.   

Through this Robinhood Wallet, people can trade and swap tokens, get rewards and connect with dApps after downloading the beta version of the app, and pay network fees. The design is user-friendly, secure, and easily traceable. Later, the app will support multiple non-fungible tokens (NFT) for users to try out. 

Polygon has already been the favorite of a lot of dApps, like Aave, Uniswap V3, and OpenSea. It has been selected by companies Adobe, Bentley Motors, Dolce Gabbana, eBay, Reddit, Stripe, Starbucks, and Telefonica.