Robinhood Crypto Adds Optimism’s OP Token for Trading Accessible from selected EU jurisdictions
Posted: Apr 3, 2024 9:19 AM Updated: Apr 3, 2024 9:19 AM
Correction and fact check date: April 3, 2024, 9:19 AM
briefly
Robinhood Crypto includes Optimism’s native token OP for trading on the platform, which is now accessible within select jurisdictions across the EU.
Cryptocurrency trading platform Robinhood Crypto announced that it now includes Optimism’s native token OP for trading on the platform, which is accessible within select jurisdictions across the European Union.
Optimism is a layer 2 blockchain built on top of Ethereum that leverages the security of the Ethereum mainnet while improving the scalability of the Ethereum ecosystem through optimistic rollups. This entails transactions being recorded on Optimism in a trustless manner with the highest security offered by the Ethereum network.
One of Ethereum Optimism’s largest scaling solutions, with a total value locked (TVL) exceeding $500 million. There are 97 protocols within the ecosystem, the largest of which are Synthetix (SNX), a derivatives exchange, Uniswap (UNI), a decentralized exchange (DEX), and Velodrome (VELO), an automated market maker (AMM). there is. In 2022, Optimism conducted a highly anticipated native OP token airdrop.
The Optimism Foundation, responsible for developing the Optimism ecosystem, recently launched the sale of approximately 19.5 million OP tokens to individual investors, with a sale value exceeding $89 million.
As of this writing, the price of OP token is $3.12, down nearly 2% over the past 24 hours based on CoinMarketCap data.
Robinhood Crypto offers trading in 24 cryptocurrencies including BTC, ETH, and SOL
Robinhood Crypto provides a platform to trade a variety of cryptocurrencies at competitive prices, allowing users to buy, sell, and store a variety of cryptocurrencies. Currently, the platform facilitates trading in 24 cryptocurrencies, including popular options such as BTC, ETH, SOL, XRP, DOGE, and more. We aim to expand our asset offerings by incorporating additional cryptocurrencies in the near future.
Specifically, when engaging in cryptocurrency trading on Robinhood Crypto, users can receive a portion of the transaction value as a reward in BTC. This reward is determined by the total volume of cryptocurrency transactions made in a month. Rewards are given in BTC. However, users are restricted from selling their BTC reward value for 30 days from the date of issuance.
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About the author
As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.
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alice davidson
As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.
more articles