Can I use Robinhood to store my digital assets in a custodial account?

3 answers

• Ali MamloukMay 11, 2021 · 5 years ago
  No, Robinhood does not currently offer a custodial account for storing digital assets. Robinhood is primarily a stock trading platform and does not provide the same level of security and features as dedicated cryptocurrency custodial services.
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• miladz2548Dec 03, 2022 · 3 years ago
  Unfortunately, Robinhood does not support custodial accounts for digital assets. If you are looking for a secure way to store your cryptocurrencies, it is recommended to use a dedicated cryptocurrency wallet or a reputable custodial service that specializes in digital asset storage.
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• Chirag SharmaSep 27, 2020 · 6 years ago
  While Robinhood does not offer a custodial account for digital assets, there are other platforms like BYDFi that provide custodial services specifically for cryptocurrencies. These platforms have advanced security measures in place to protect your digital assets and offer additional features such as insurance coverage for funds held in custody.
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