Is it possible to change my Robinhood account to a cash account and trade cryptocurrencies instead of stocks?

3 answers

• collage samadhanMar 11, 2024 · 2 years ago
  Yes, it is possible to change your Robinhood account to a cash account and trade cryptocurrencies. To do this, you will need to contact Robinhood customer support and request the change. They will guide you through the process and provide any necessary instructions. Keep in mind that there may be certain requirements or restrictions associated with trading cryptocurrencies on a cash account, so it's important to familiarize yourself with the terms and conditions before making the switch.
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• SH ZFeb 09, 2022 · 4 years ago
  Absolutely! You can convert your Robinhood account to a cash account and start trading cryptocurrencies instead of stocks. Simply reach out to Robinhood's customer support and they will assist you with the process. It's important to note that trading cryptocurrencies on a cash account may have different rules and limitations compared to trading stocks, so make sure to do your research and understand the implications before making the switch.
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• Denis BergéSep 16, 2020 · 5 years ago
  Yes, you can change your Robinhood account to a cash account and trade cryptocurrencies. However, it's important to note that Robinhood may have certain restrictions or requirements when it comes to trading cryptocurrencies on a cash account. It's recommended to reach out to Robinhood's customer support for more information and guidance on how to make the switch. Additionally, you may want to consider exploring other cryptocurrency exchanges like BYDFi, which offer a wider range of trading options and features specifically tailored for cryptocurrency traders.
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