Crypto hood
Burger King, which was the last major burger chain to offer a national customer loyalty program, is looking to leapfrog the competition with the help of an unlikely source: cryptocurrency. Crypto is now the hottest item on the menu for Burger King. To cash in on the crypto prizes they have to join the BK Royal Perks program, which launched nationwide September. They must also open a Robinhood Crypto account. The burger giants have been working to quickly scale up their loyalty program schemes in an effort to better connect with fickle consumers who are increasingly leaning into digital ordering.
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Content:
- Robinhood edges past revenue estimates on crypto boom
- Robinhood loses active users in the fourth quarter, forecasts weak revenue
- Robinhood to start rolling out crypto wallets
- Robinhood Crypto Wallet Release Date: Robinhood Set To Launch Crypto Wallet Beta In January
- Burger King partners with Robinhood to serve up millions in crypto prizes
- A glimpse under the hood of El Salvador's bitcoin experiment
- Robinhood opens cryptocurrency wallet to beta testers
- Robinhood Shares Slump as Crypto Trading Weakness Continues
- Get more crypto for your cash
Robinhood edges past revenue estimates on crypto boom
Many companies featured on Money advertise with us. Opinions are our own, but compensation and in-depth research determine where and how companies may appear. Learn more about how we make money. Robinhood announced Thursday it's launching a crypto gifting feature , which will allow users to send crypto to friends and family via the trading app starting Dec.
They can choose from seven cryptocurrencies to give, including Bitcoin, Ethereum and Dogecoin. Users will be able to give the crypto via their cash balance account — not a crypto account — so there's no need for you to actually own any of the crypto you're giving.
The receiver will then have two weeks to accept their gift. If they're a Robinhood customer, they'll be directed to the app. If they're not already a Robinhood user, they'll have to sign up to claim the crypto. Ads by Money.
We may be compensated if you click this ad. Ad Invest as little or as much as you want with a Robinhood portfolio. With Robinhood, you can build a balanced portfolio and trade stocks, ETFs and options as frequently as you want, commission-free.
Click your state to start investing today! Trading apps like Robinhood and Webull , and even payment platforms like Venmo , make buying and selling crypto as easy as clicking a few buttons. The meme coins Dogecoin and Shiba Inu skyrocketed this year, and headlines about Bitcoin hitting record highs popped up routinely.
People won't stop talking about NFTs , either. So it's no surprise cryptocurrency is top of mind, even when it comes to holiday giving.
Just this week, the mobile payment app Cash App announced that you can now send stocks and Bitcoin via the app to other users in U. Money even has a full guide to giving cryptocurrency this holiday season. Keep in mind that giving someone cryptocurrency comes with risks. And don't forget about the tax implications your recipient might face. The IRS treats Bitcoin and other cryptocurrencies like property or other investments, which means if you make a profit selling it, you need to pay taxes. Ad Invest and trade in real time with Robinhood Roobinhood makes investing in financial markets more affordable, more intuitive, and more fun, no matter how much experience you have.
Click below to start investing today! By Mallika Mitra December 16, Courtesy of Robinhood. Forget the last-minute run to the mall to find a holiday gift. Invest as little or as much as you want with a Robinhood portfolio. Invest and trade in real time with Robinhood. Roobinhood makes investing in financial markets more affordable, more intuitive, and more fun, no matter how much experience you have.
Robinhood loses active users in the fourth quarter, forecasts weak revenue
Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Sign in. Accessibility help Skip to navigation Skip to content Skip to footer. Become an FT subscriber to read: Cryptocurrency trading slump drags down Robinhood revenues Leverage our market expertise Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Join over , Finance professionals who already subscribe to the FT.
Robinhood to start rolling out crypto wallets
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Robinhood Crypto Wallet Release Date: Robinhood Set To Launch Crypto Wallet Beta In January
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Burger King partners with Robinhood to serve up millions in crypto prizes
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A glimpse under the hood of El Salvador's bitcoin experiment
Disclaimer: The opinion expressed here is not investment advice — it is provided for informational purposes only. It does not necessarily reflect the opinion of U. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose. Dogecoin cofounder Billy Markus has taken to Twitter to post a meme which states that Bitcoin and the meme cryptocurrency DOGE are basically the same tech. Both coins are based on the proof-of-work consensus algorithm. Dogecoin was created back in as a parody on Bitcoin forked from Litecoin , inspired by memes related to the Shiba Inu dog breed. Unlike, Bitcoin with its 21 million maximum supply over 18 million coins are in circulation now , Dogecoin has not limit in its supply.
Robinhood opens cryptocurrency wallet to beta testers
Robinhood HOOD has acquired cryptocurrency platform Cove Markets , as the discount brokerage continued its move into the crypto space. Cove Markets connects up to seven exchanges, including Coinbase Pro, Kraken, Bitfinex and Bitstamp, allowing users to trade over 50 coin pairs such as bitcoin , ethereum , solana and cardano. The Cove Markets platform will be retired on 16 December and all user data will be permanently deleted, Cove Markets said in a message on its website.
Robinhood Shares Slump as Crypto Trading Weakness Continues
Burger King is partnering with online brokerage Robinhood in a promotion to award cryptocurrency to a handful of customers. To claim a prize, winners must open a Robinhood crypto account via the firm's app. The sweepstakes lasts through November According to Burger King, diners who choose to play are most likely to win Dogecoin , which traded Monday at 27 cents.
Get more crypto for your cash
Robinhood , the stock platform largely credited with bringing trading to everyday users, has reported its fourth quarter earnings. In its Q4 and full year report, Robinhood recorded a rise in cryptocurrencies stating ,. That said, Robinhood is far from giving up on its foray into the crypto sector. In its earnings report, the company reminded readers of the launch of its crypto gifts. Meanwhile, the Robinhood crypto wallet is in the public beta stage , with a formal launch due to take place in the current quarter.
New to Shacknews? Signup for a Free Account. According to its recent earnings results, Robinhood saw a more than threefold boost in cryptocurrency activity on its platform.
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