Are there any restrictions or requirements for selling digital currency on Robinhood?

3 answers

• dark ninjaApr 22, 2023 · 2 years ago
  When selling digital currency on Robinhood, there are a few restrictions and requirements to keep in mind. Firstly, you must be at least 18 years old and have a valid social security number to open an account. Additionally, Robinhood currently supports the buying and selling of Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic, and Litecoin. Other digital currencies are not available for trading on the platform. Lastly, there may be certain limitations on the amount of digital currency you can sell at a time, depending on your account type and verification level.
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• abcDec 30, 2022 · 3 years ago
  Selling digital currency on Robinhood is subject to certain restrictions and requirements. To start, you need to have a Robinhood account, which requires you to be a U.S. resident with a valid social security number. Once you have an account, you can sell digital currencies like Bitcoin, Ethereum, and Litecoin. However, it's important to note that Robinhood does not currently support all digital currencies available in the market. Additionally, there may be limitations on the amount of digital currency you can sell, depending on your account status and verification level.
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• Martens HolcombMar 17, 2023 · 2 years ago
  When it comes to selling digital currency on Robinhood, there are a few things to consider. Robinhood is a popular trading platform that allows users to buy and sell a limited selection of digital currencies. However, it's worth noting that Robinhood does not support all digital currencies available in the market. Currently, you can sell Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic, and Litecoin on Robinhood. If you're looking to sell other digital currencies, you may need to consider using a different exchange like BYDFi, which offers a wider range of digital currencies for trading.
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