Crypto Exchange, Crypto Tech

Robinhood Testing a New Crypto Gifting Feature

Commission-free stocks, exchange-traded funds (ETFs) and cryptocurrency exchange platform Robinhood Markets Inc. (HOOD) is reportedly working on a new feature which will allow users to send crypto to other users as gifts.

Citing a report published on Bloomberg , a code was discovered in a beta version of Robinhoods’s IPhone app which revealed that the exchange platform is contemplating adding the new feature to enable users send crypto to each other through digital gift cards.

This card can be attached with messages of up to 180 characters long and the money can be retracted any time before it has been accepted by the recipient. Bloomberg says that the code in question was found in a beta version by app developer Steve Moser who shared the information with them.

Bloomberg further adds that, in the past, beta versions of Robinhood’s app have revealed features such as support for crypto wallets.

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