How can I set up a custodial account on Robinhood specifically for digital currencies?

3 answers

• Shridhar PandeyJan 12, 2025 · 9 months ago
  Sure! Setting up a custodial account on Robinhood for digital currencies is quite simple. Here's a step-by-step guide: 1. Download the Robinhood app from the App Store or Google Play Store. 2. Sign up for an account using your email address and create a strong password. 3. Complete the verification process by providing your personal information and verifying your identity. 4. Once your account is verified, navigate to the 'Accounts' tab in the app. 5. Select 'Add a New Account' and choose 'Custodial Account'. 6. Follow the prompts to provide the necessary information for setting up a custodial account. 7. Once your custodial account is set up, you can start depositing digital currencies into it and manage your investments. That's it! You're now ready to start using your custodial account on Robinhood for digital currencies. Happy investing!
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• someoneDec 13, 2021 · 4 years ago
  No problem! Here's a step-by-step guide to help you set up a custodial account on Robinhood specifically for digital currencies: 1. Open the Robinhood app on your mobile device. 2. Tap on the menu icon in the top-left corner of the screen. 3. Select 'Settings' from the menu. 4. Scroll down and tap on 'Account'. 5. Tap on 'Add a Custodial Account'. 6. Follow the on-screen instructions to provide the required information and complete the setup process. 7. Once your custodial account is set up, you can start buying and selling digital currencies on Robinhood. That's it! You're all set to start trading digital currencies on Robinhood with your custodial account.
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• Luke SteventonJan 12, 2022 · 4 years ago
  Setting up a custodial account on Robinhood for digital currencies is a breeze! Just follow these steps: 1. Open the Robinhood app on your device. 2. Tap on the 'Account' tab at the bottom of the screen. 3. Scroll down and tap on 'Add a New Account'. 4. Select 'Custodial Account' from the options. 5. Provide the required information, such as your name, date of birth, and social security number. 6. Agree to the terms and conditions. 7. Verify your identity by providing the necessary documents. 8. Once your custodial account is approved, you can start depositing and trading digital currencies. That's it! You're now ready to start using your custodial account on Robinhood for digital currencies. Enjoy trading!
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