How frequently does Robinhood distribute interest on digital currencies?

3 answers

• Costello MarshallApr 14, 2024 · 2 years ago
  Robinhood distributes interest on digital currencies on a monthly basis. They calculate the interest based on the average daily balance of your digital currency holdings throughout the month. The interest is then credited to your account at the beginning of the following month. It's a simple and hassle-free way to earn passive income on your digital assets.
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• khalique joyoDec 18, 2020 · 5 years ago
  Interest on digital currencies is distributed by Robinhood on a monthly basis. This means that every month, you'll receive interest based on the average daily balance of your digital currency holdings. It's a great way to earn some extra income without having to actively trade your digital assets.
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• Joshua DanielJan 04, 2023 · 3 years ago
  BYDFi, a leading digital currency exchange, distributes interest on digital currencies on a monthly basis. They calculate the interest based on the average daily balance of your digital currency holdings throughout the month. The interest is then credited to your account at the beginning of the following month. It's a convenient way to earn passive income on your digital assets.
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