Robinhood today announced that Robinhood Wallet is launching several of the most requested features from its user base.

Beginning today, Robinhood launched custody, send, and receive support for Bitcoin and Dogecoin to all users.

The company is also enabling in-app swaps on the Ethereum network. In-app Ethereum swaps started rolling out to select users today for 200+ tokens and will become available to everyone in the coming weeks.

Unlike other wallets, users can swap without holding Ethereum, and network fees are automatically deducted from the tokens they already hold, making it easier for everyone to get started and use DeFi.

Robinhood Wallet is a multi-chain, self-custody, Web3 wallet that now allows users to own, send, and receive crypto on Arbitrum, Bitcoin, Ethereum, Dogecoin, Optimism, and Polygon networks, swap crypto on Ethereum and Polygon, and connect to a wide range of decentralized applications (dapps). Robinhood Wallet combines the simple and intuitive design that users have come to expect from Robinhood with powerful tools that push the boundaries of a typical wallet to support the next generation of Web3 users. It gives users full control over their crypto, meaning only they hold and maintain the private keys to their assets.

Robinhood has made several other notable additions to Robinhood Wallet since March. These include:

• Launching a Web3 Browser: Robinhood launched a Web3 browser that allows users to connect to dApps (decentralized applications) directly from their wallet.
• Adding More Networks: After launching Robinhood Wallet with custody, send, and receive support for Polygon and Ethereum to the general public in March, Robinhood has since added support on Arbitrum and Optimism, and now Bitcoin and Dogecoin.
• Onboarded a Fiat Onramp: Eligible users in the United States can now directly purchase or transfer crypto on Robinhood Wallet using Robinhood Connect.

When getting started, users need to set up either Face/Touch ID or a custom PIN, which they’ll use to authenticate every time they open the app. They will also be asked to create a secret recovery phrase, also known as a seed phrase, that allows them access to their wallet and crypto. It’s important for them to back up their wallet and keep this secret recovery phrase stored in a safe place and never share it with anyone–Robinhood never has access to a user’s seed phrase.

Robinhood Wallet is available to all iOS users today, with Android support expected to follow later this year.