Currently, users of the popular trading app can only buy and sell cryptocurrencies within their Robinhood accounts.
Online brokerage app Robinhood says it plans to enable withdrawals and deposits of cryptocurrencies including dogecoin.
In a tweet Wednesday, the app provider said it “fully intends” to provide the extra functionality, though not date is provided for when it might be activated. Currently, traders can only buy and sell crypto assets within the app, according to its support page.
The tweet came an hour before Bloomberg published an article alleging Robinhood was the owner of the world’s largest dogecoin (DOGE, +17.2%) wallet. Robinhood stated in the tweet that it “does not currently invest in cryptocurrency or use any customer cryptocurrency” for its own benefit.
HT: Coindesk
