Robinhood, a popular U.S. based trading platform, has just launched its crypto wallet on the Apple Store. The self-custody wallet supports Shiba Inu (SHIB) and the second-layer solution Polygon (MATIC), and has already been downloaded in over 130 countries.

The wallet allows users to trade and swap cryptocurrencies and to connect to several blockchains and their decentralized applications (dApps). Robinhood claims its wallet integrates “powerful tools that push the boundaries of a typical wallet” and is designed to be user-friendly and intuitive for people with all degrees of experience. To incentivize users to explore the Web3 and DeFi ecosystem, Robinhood is offering a 5 USDC reward for sending $10 in crypto to their wallets or 1 USDC after sending $10 from a crypto exchange.

In addition to Polygon and Ethereum, the crypto wallet will support several tokens in the ERC-20 format, including Uniswap (UNI), Compound (COMP), USDC, and others. Users can also access non-fungible tokens (NFTs) on Ethereum and Polygon and store their digital assets from their collections on the crypto wallet.

The Robinhood crypto wallet will launch on the Android operating system sometime in 2023, but there is no specific date. However, users can join the waitlist by clicking a link and receiving notifications when the wallet launches. The company behind the popular trading platform will also launch a Web3 browser in the coming months, as part of a Robinhood strategy to set up a stronger foothold in the nascent industry and to expand their in-app rewards program.

The launch of the Robinhood crypto wallet has been met with positive user feedback, with General Manager of Robinhood Crypto Johann Kerbrat saying: “Users have told us they love how accessible and easy to use the app is, and that they really enjoy the ability to self-custody their digital assets and swap with no network fees on Polygon.”

The launch of the Robinhood crypto wallet is a major step forward for the crypto industry, offering users a secure and easy way to access the world of cryptocurrencies. With the launch of the Android version in 2023, the wallet is sure to become even more popular.