Robinhood launches crypto services in Spain

Robinhood Crypto has expanded its services to Spain, allowing users to trade, stake and invest in cryptocurrencies directly on the platform.

This expansion part of Robinhood current strategy increase its presence throughout the European Union, following the introduction of Cryptoasset markets regulations, which establish clear rules for the digital asset sector.

Robinhood began its European expansion in late 2023, gradually introducing features to users in the region.

Robin Hood introduced localized app versions in countries such as Italy, Poland and Lithuania, incorporating features tailored to regional needs.

In October 2024, Robinhood introduced crypto transfer capabilities in Europe, allowing users to deposit and withdraw more than two dozen tokens. This service has been described by the company as one of the most requested features in the region.

To encourage adoption, Robinhood also offered a limited-time 1% reward on crypto deposits.