Robinhood: Investing for AllApp Store
Our wallet review process
We examine wallets starting at the code level and continue all the way up to the finished app that lives on your device. Provided below is an outline of each of these steps along with security tips for you and general test results.
Application build test result
(Analysis from Android review)
From the self-description, Robinhood is an investment and trading app. It is possible to buy and sell cryptocurrencies, including Bitcoin.
Taken from the FAQ:
You can secure access to your mobile app using TouchID, FaceID, or a custom PIN code. We also offer two-factor authentication with an external authenticator app or via SMS.
Also, it appears that KYC verification is in use.
Can I transfer crypto into or out of my Robinhood Crypto account?
Not yet, but we’re working on it! We’re prioritizing safety and service reliability as we build out features that allow you to make cryptocurrency deposits and withdrawals.
It is currently not possible to send or receive BTC to and from your account.
Tests performed by Daniel Andrei R. Garcia
Do your own research
In addition to reading our analysis, it is important to do your own checks. Before transferring any bitcoin to your wallet, look up reviews for the wallet you want to use. They should be easy to find. If they aren't, that itself is a reason to be extra careful.