menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Robinhood ...
source image

Coindoo

20h

read

197

img
dot

Image Credit: Coindoo

Robinhood Rolls Out ETH and SOL Staking for U.S. Users, With Fees Incoming

  • Robinhood has introduced ETH and SOL staking for U.S. users, allowing them to earn rewards with a minimum entry of $1.
  • The platform simplifies staking by handling the technical aspects, like bundling ETH and offering rewards at 50-100% of the protocol rate.
  • However, staking services won't be available in some states, such as California, New York, and Wisconsin, due to regulatory restrictions.
  • Starting October, Robinhood will impose a 25% commission on staking rewards, along with third-party fees, aligning with industry standards.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app