Robinhood rolls out crypto wallet to Android users globally

  • Robinhood Wallet is now officially available to Android users globally.
  • Users on public waitlist can download app and access crypto from across the world.

Robinhood has officially announced global accessibility for its crypto wallet for eligible Android users.

The company confirmed the roll out via a blog post on March 20.

Robinhood Wallet brings crypto to millions of Android users

With Robinhood Wallet now available to all eligible Android users, Robinhood is fulfilling part of its mission to bring crypto to the masses. Android accounts for 70% of the global market share of mobile OS and Robinhood Wallet’s accessibility on these devices means the company could reach millions of crypto users.

“Launching Robinhood Wallet on Android is a big step forward in our commitment to make crypto more accessible and seamlessly integrated into daily life for millions of people around the world,” Johann Kerbrat, Robinhood Crypto general manager, said in a statement.

“Whether you’re in Africa, Asia, South America, or somewhere else, Robinhood Wallet is your gateway to the future of finance, and the world of crypto and web3,” Kerbat added.

Robinhood Wallet launched globally to iOS users in 2023. Availability on Android app now opens access to users who previously joined the public waitlist.

Users of Robinhood Wallet can send, receive and store crypto on the self-custodial wallet. It supports major networks, including Bitcoin, Ethereum, Dogecoin, Polygon, Arbitrum, Optimism and Base.The wallet also offers token swaps for users on Ethereum, Polygon and Arbitrum.

Wallet users can also discover trending tokens or access the latest cryptocurrency news directly from their Android app.

The post Robinhood rolls out crypto wallet to Android users globally appeared first on CoinJournal.

STORJ and Synthetix Network in opportunity zone; KangaMoon (KANG) attractive

As the cryptocurrency market battles downside pain, several altcoins have dipped to levels where they present the greatest opportunity for upside returns. Analysts at Santiment have identified Storj (STORJ) and Synthetix (SNX) as two of these altcoins.

Elsewhere, there’s fresh interest in KangaMoon (KANG), a project whose presale shows increasing confidence from crypto investors.

Analysts spotlight buy opportunity for STORJ, SNX

As Bitcoin price fell to lows of $61k on Tuesday, a key metric suggested a number of altcoins are largely underbought and currently hover in the buy zone.

Analysts at market intelligence and analytics platform Santiment have pointed to its MVRV Opportunity & Danger Zone Model for this prediction.

According to Santiment, “projects with minimal returns compared to the rest of the sector have a higher probability of a more efficient rebound for those who are willing to ‘buy the dip’”. This is the outlook for tokens such as Bounce, Lido, OMG, Storj and Sythentix Network.

STORJ currently trades near $0.67, with an 8% gain in the past 24 hours. However, the altcoin’s price is down more than 23% in the past 24 hours and is 82% off its March 2021 all-time peak of $3.81.

SNX price is currently at $3.73, up nearly 5% in the past 24 hours. Like STORJ, Synthetix Network price is down over the past week.

CoinGecko data shows SNX/USD has declined more than 26% during this period and is down more than 87% since its all-time high of $28.53 reached in February 2021.

KangaMoon attracts as presale surpasses $2.2 million

KangaMoon (KANG) is currently one of the hottest projects in presale.  The combination of meme culture, SocialFi and Play-to-Earn (P2E) elements has the community excited for what lies ahead.

In particular, its KangaMoon seeks to redefine the blockchain gaming sector by offering its community an earning opportunity right from its presale phase.

Rather than wait for the presale to conclude, this project has rolled out rewards for the community. One can earn as they play, interact and experience the KangaMoon ecosystem.

Specifically, KANG holders can earn more by competing in and completing weekly, monthly and quarterly challenges. This is what has put KangaMoon into the limelight, and one of the reasons the market sees it as one of the top DeFi ecosystem projects.

KANG outlook: Is now a good time to buy?

When the project launches, it will give KANG holders an exclusive chance to monetize their gaming time.

As such, there is a possibility that KangaMoon becomes a top GameFi token. It could also challenge meme coin leaders such as Dogecoin and Shiba Inu. Investors keen to get KANG ahead of its listing also target the early bird opportunity.

At its current stage 4 presale price of $0.014, KANG is still heavily discounted and attractive. More so, its value was at $0.005 in stage 1, suggesting paper gains of up to 180%. The presale is ongoing and the whitepaper highlights more about this project.

Interested? Get more details on the website.

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