“This Is Huge”: Robinhood Is Testing Dogecoin Wallet

Dogecoin

Robinhood sent Dogecoin to an external wallet for the first time to test the highly anticipated feature

Christine Brown, chief operating officer at Robinhood Crypto, has offered a sneak peek at the app’s much-anticipated cryptocurrency wallet feature.

In her recent tweet, she attached a screenshot of a Dogecoin transfer test that took place last week.

It shows a 420.71 DOGE ($91.82) transaction being processed for a 0.02 DOGE ($0.0044) fee. Payments on the flagship coin’s network itself have become significantly more affordable following the high-profile release of Dogecoin Core 1.14.5.

Dogecoin co-founder Billy Markus said that the development was “huge” for the meme coin in a tweet while praising the coin’s cheap transaction fees.

The company announced the addition of cryptocurrency wallets at the end of September to the delight of its customers.

Earlier this month, Brown revealed that 1.6 million users had already joined the waitlist.         

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