Trading Giant Robinhood Rolls Out Timeline for Next Phase of Its Crypto Wallets Feature

American financial services titan Robinhood is moving on to the next phase of its crypto wallet launch.

According to a new blog post, the trading company plans to roll out the beta phase for its “Wen Wallets” program in mid-January which will open up the crypto wallets to thousands of customers from Robinhood’s waitlist.

Robinhood first announced the crypto wallets project in September, saying it planned to kick off an alpha phase with a limited group of customers in October.

The company notes they’re moving into the beta phase after hearing feedback from the group.

“Through our Alpha program, we sought feedback from a tight-knit group of customers from our wallets waitlist.

They tested our first iteration of crypto wallets and shared detailed design and functionality feedback with our team to help us deliver a top-notch experience…

Our customer-centric, design-first approach has been a hallmark of Robinhood since we started. Even though wallets offer a new experience with a different asset class, the Alpha testers wanted it to feel familiar, and that’s what we’ll deliver.”

Currently, Robinhood supports commission-free trading for seven cryptocurrencies: Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Dogecoin (DOGE), Ethereum (ETH), Ethereum Classic (ETC), and Litecoin (LTC).

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