What are the restrictions on buying digital currencies on Robinhood for 90 days?

3 answers

• Tom167TomAug 20, 2022 · 4 years ago
  During the 90-day period, Robinhood restricts users from making instant deposits to purchase digital currencies. However, you can still use the funds available in your Robinhood account to buy cryptocurrencies. Keep in mind that these purchases may take longer to settle compared to instant deposits.
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• Kay LodbergJan 27, 2024 · 2 years ago
  Unfortunately, Robinhood limits the ability to buy digital currencies instantly for the first 90 days. This means you won't be able to use the funds from instant deposits to purchase cryptocurrencies. However, you can still make purchases using the funds available in your Robinhood account, but they may take longer to process.
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• Craft LindholmNov 18, 2022 · 3 years ago
  According to my knowledge, Robinhood restricts users from buying digital currencies instantly for the first 90 days. However, you can still use the funds available in your Robinhood account to make purchases. Just keep in mind that these transactions may take longer to complete compared to instant deposits. Please note that this information is based on my understanding and may be subject to change. For the most accurate and up-to-date information, I recommend reaching out to Robinhood's customer support.
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