New Robinhood Feature Allows Users To Gift Crypto To Family And Friends

Name	Symbol	Market	Market Cap ($)	Algorithm
Dogecoin	DOGEUSD	Crypto	23,156,848,957	Scrypt

Name

Symbol

Market

Market Cap ($)

Algorithm

Dogecoin

DOGEUSD

Crypto

23,156,848,957

Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.00073	0.46%	0.16094	0.16089	0.16094

Price Change

Price Change %

Current Price

Bid Price

Offer

0.00073

0.46%

0.16094

0.16089

0.16094

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.16277	0.15451	0.16039	0.16021	0.055475 - 0.228990

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.16277

0.15451

0.16039

0.16021

0.055475 - 0.228990

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	07:26:04	2,709.00	0.16091	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

07:26:04

2,709.00

0.16091

USD

Price x Volume	Volume	Base Symbol	Related Pairs
32,358,618.35	204,089,617.49	DOGE	DOGEEUR	DOGEGBP	DOGEBTC

Price x Volume

Volume

Base Symbol

Related Pairs

32,358,618.35

204,089,617.49

New Robinhood Feature Allows Users To Gift Crypto To Family And Friends

16/12/2021 5:00pm

NEWSBTC

Trading app Robinhood has announced a new feature that would allow users to gift cryptocurrencies to their friends and family. This comes as the holiday season is in full bloom and people are scrambling to get the perfect gifts for their family and friends this Christmas. This new feature will allow for the seamless transfer of crypto from one user to another inside the Robinhood app. Crypto Gifting Made Easy Robinhood announced via a blog post on Thursday that it was rolling out a new feature on its platform. The gifting feature would allow users to share crypto with their friends and family through the app. The push behind the feature was encouraging holiday shoppers to instead skip the long lines and pressures of last-minute shopping for gifts that end up worthless after the holidays in favor of something that appreciates in value like cryptocurrencies. Related Reading | Crypto Market Bloodbath Creates Largest Stretch Of Fear Since April Peak Robinhood has made its name as one of the leading trading apps in the United States, with 22 million users in the country. A large demographic is Millenials who are more likely to gift crypto to their friends and family. Users can choose from a list of seven cryptocurrencies that they want to gift to family and friends and then send the crypto gift to them inside the app. In addition, users are able to send a unique design and personal message with their crypto gift to make it even more meaningful. How To Gift With Robinhood Inside the Robinhood app, users can click the “Gift” button and then choose from a list of seven cryptocurrencies that they want to gift. These include Bitcoin (BTC), Ethereum (ETH), and investor favorite Dogecoin (Doge). Next is to choose the method of delivery for the users. This could either be by text or by email and the recipient will get a link to redeem the gift. Related Reading | FED’s Powell Doesn’t Think Crypto Risks Financial Stability Once a crypto gift is sent, the recipient will have a total of 14 days to redeem it. If they are already a Robinhood user, they are able to redeem the gift inside of the app. However, if they are not a user, they will need to sign up to claim the gift. If 14 days elapse and the recipient does not redeem the gift, then the crypto is sent back to the sender at no cost. Robinhood users can send as little as $1 to their recipient of choice and pay 0% in commission when they do so. Featured image from 9to5Mac, chart from TradingView.com

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DOGEUSD Dogecoin