Robinhood Introduces Significant Update for Uniswap Customers

New Integration Allows Robinhood Users to Buy Crypto on Uniswap Mobile App

In a recent update from popular online brokerage Robinhood, users of the Uniswap mobile app can now easily purchase crypto assets using their Robinhood balance, thanks to the new integration of Robinhood Connect.

According to an official blog post, users can now buy crypto with a debit card, bank transfer, or directly from their Robinhood balance through Robinhood Connect. This feature is currently only available to users based in the United States.

To celebrate this integration, Robinhood is offering a special promotion for first-time Robinhood Connect customers. Those who purchase at least of crypto using Robinhood Connect in the Uniswap mobile app have the chance to win in USDC.

This milestone marks a significant advancement in accessibility and convenience for crypto investors, enabling them to easily navigate between platforms and access a wider variety of digital assets.

The addition of Robinhood Connect within the Uniswap mobile app expands Uniswap’s capabilities, allowing users to utilize their existing Robinhood balances to buy cryptocurrencies directly from the platform.

In other recent crypto-related news from Robinhood, the platform announced support for cross-chain swaps on Polygon’s proof-of-stake network in April. Additionally, residents of New York State can now buy, sell, and trade Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP) on the Robinhood app.

This move signifies Robinhood’s commitment to expanding its crypto offerings and providing users with more opportunities to invest in digital assets seamlessly.