Cryptocurrency trading app Robinhood announced that it plans to launch a beta version of its digital wallet feature starting next January.

Tens of thousands of users who are currently on the waiting list for the trading app's crypto wallet will be able to access the beta starting from Wednesday,

Robinhood said in a blog post on Wednesday. mid-January.

More than 1.6 million people are waiting for the wallet, which will support the deposit and withdrawal of Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) and other tokens, according to the company. Coin Telegraph.

The trading app has been testing its digital wallet feature since it was first announced in September, and completed its first alpha transfer - using Dogecoin - on November 22nd.

According to Robinhood President Christine Brown, the beta rollout will focus on users' security, as well as providing education about cryptocurrency transactions and clarity about network and gas fees.

The company explained that while some say 2021 is the year cryptocurrency becomes mainstream, the truth is that most people are still educating about the asset class and how to navigate it. in the Blockchain.

With the launch of the portfolios, we are pleased to play an important role in welcoming a wide range of investors to the cryptocurrency world for the first time.