by Rushali 
On Wednesday, the trading platform Robinhood has announced that it will implement cryptocurrency withdrawals and deposits. The customers were able to buy and sell their cryptocurrencies via the platform but they were unable to withdraw or transfer their coins to other wallets.
With series of tweets on the official Twitter account of the company has said that they have already started the work on the integration of cryptocurrency transfers has already begun but the date is not finalized yet of the launching.
The company also clarified that they will never invest in cryptocurrencies with the customer’s money and crypto deposits would be custodied by their own wallets.
Robinhood has the trading allowance of seven cryptocurrencies that are :
Bitcoins
Ether
Dogecoin
Litecoin
Ethereum Classic
Bitcoin Cash, and
Bitcoin SV
On Jan 29, Robinhood has suspended instant fiat deposits because of a social media influence speculation and called the condition of the extraordinary market. By 4 Feb the company again started the instant deposits.
Many experts believe that this move to offer crypto deposits and withdrawals will not help the company to regain its charm that is lost due to its actions.
