What are the steps to deposit a check on Robinhood and use the funds for cryptocurrency investments?

1 answers

• Lucas de AraujoDec 03, 2024 · a year ago
  Deposit a check on Robinhood and use the funds for cryptocurrency investments? Absolutely! Here's how you do it: Launch the Robinhood app on your phone, tap on the 'Banking' section, and select 'Deposit Check'. Follow the prompts to take pictures of the front and back of the check. Once the check is processed, the funds will be credited to your Robinhood account. Now, to invest in cryptocurrency, head over to the 'Invest' section, choose the cryptocurrency you want to invest in, and enter the amount you wish to invest. Confirm the transaction, and voila! You've successfully deposited a check on Robinhood and used the funds for cryptocurrency investments.
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