Is it possible to change my Robinhood account to a cash account specifically for trading digital currencies?

3 answers

• Fat MonkeyAug 09, 2021 · 5 years ago
  Yes, it is possible to change your Robinhood account to a cash account for trading digital currencies. To do this, you will need to contact Robinhood customer support and request the change. They will guide you through the process and provide you with the necessary instructions and documentation. Keep in mind that switching to a cash account means you will not have access to margin trading or instant deposits, but it allows you to trade digital currencies using the funds available in your account.
  502

  251
• 1A4T7 GAMERAug 13, 2025 · 6 months ago
  Definitely! You can convert your Robinhood account to a cash account specifically for trading digital currencies. Just reach out to Robinhood's customer support and they will assist you with the process. It's a straightforward procedure and once your account is converted, you'll be able to trade digital currencies using the cash available in your account. Remember, with a cash account, you won't have access to margin trading or instant deposits, but it's a great option for those who prefer to trade with their own funds.
  525

  175
• santotelliFeb 20, 2023 · 3 years ago
  Absolutely! You can change your Robinhood account to a cash account for trading digital currencies. Simply contact Robinhood's customer support and they will help you make the switch. Once your account is converted, you'll be able to trade digital currencies using the cash in your account. It's important to note that with a cash account, you won't have access to margin trading or instant deposits, but it's a suitable choice for those who want to trade digital currencies with their own funds. Happy trading!
  511

  128