What are the steps to downgrade to a cash account on Robinhood for cryptocurrency trading?

1 answers

• Bandana ManNov 20, 2023 · 2 years ago
  Downgrading to a cash account on Robinhood for cryptocurrency trading is a simple process. Just follow these steps: 1. Open the Robinhood app on your mobile device. 2. Tap on the Account icon at the bottom right corner of the screen. 3. Go to Settings. 4. Scroll down and find the Account Information section. 5. Tap on Change Account Type. 6. Choose Cash account. 7. Confirm your selection. Please keep in mind that by downgrading to a cash account, you won't have access to instant deposits or instant settlements. It may take a few days for your funds to settle after a trade. I hope this helps! If you have any more questions, feel free to ask.
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