Robinhood, a renowned US stock trading and investing app, has made its crypto services available in Europe. This was a significant expansion of their services following growing cryptocurrency interests globally.
However, it should be noted that the staking functionality of Robinhood for cryptocurrencies including Solana has not been officially communicated or confirmed. As of now, Robinhood only allows buying, selling, and holding specific cryptocurrencies which include Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic, and Litecoin.
To stake Solana, you may need to use other platforms like Binance, KuCoin, or Solana’s native wallets like Phantom or SolFlare until Robinhood introduces this feature. Always make sure to familiarize yourself with the processes and potential risks associated with staking any cryptocurrency.
