Robinhood Crypto has announced an exciting new initiative for its European customers, launching a Solana-staking product coupled with a lucrative bonus program for new users. This move underscores Robinhood's commitment to expanding its offerings and enhancing user experience in the European market.

In a recent statement, Robinhood Crypto revealed that its European customers can now stake their Solana (SOL) holdings directly through the app. This feature allows users to earn rewards while maintaining the flexibility to unstake their assets at any time, providing a seamless and user-friendly staking experience. This development is particularly appealing for those looking to maximize their crypto holdings through passive income opportunities.

In addition to the staking feature, Robinhood Crypto is introducing a 10% bonus program for new customers. New users who engage in net purchases on the platform within their first 30 days will receive a 10% bonus on those buys, paid out in USDC stablecoins. This bonus program is designed to attract and incentivize new users, making their entry into the crypto space more rewarding.

Johann Kerbrat, Vice President of Robinhood Crypto, emphasized the company’s responsiveness to customer feedback, stating, "Since launching at the end of last year, our customers in Europe have told us loud and clear that they want an app that provides local language support and products that help them earn additional passive income." This initiative reflects Robinhood's dedication to meeting these demands and enhancing the overall user experience.

Robinhood also announced plans to roll out localized versions of its app in the coming weeks. These local versions will cater specifically to users in Italy, Poland, and Lithuania, regions where the app has already garnered significant popularity. The localized apps will provide language support and tailored services to better serve the needs of users in these countries, further solidifying Robinhood's footprint in the European market.

This strategic expansion and enhancement of services in Europe come at a time when the demand for user-friendly crypto investment and earning opportunities is on the rise. By offering innovative products like Solana staking and attractive bonus programs, Robinhood Crypto aims to attract a broader user base and solidify its position as a leading crypto platform in Europe.