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While it’s already possible for Robinhood customers to buy and sell popular cryptocurrencies such as Bitcoin, Ethereum and Dogecoin, this would be the first time they can manage all of their crypto holdings through a wallet in the app.
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“It’s something that our teams are working on,” he said on a call following the company’s second-quarter earnings release, noting that the feature is in particular demand among Dogecoin enthusiasts. “The ability to deposit and withdraw cryptocurrencies is tricky to do with scale, and we want to make sure it’s done correctly and properly.”
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