What is the process of converting my Robinhood account to a cash account for buying and selling digital assets?

3 answers

• HoHAMay 13, 2021 · 4 years ago
  To convert your Robinhood account to a cash account for buying and selling digital assets, follow these steps: 1. Log in to your Robinhood account. 2. Go to the settings menu and select 'Account'. 3. Scroll down to the 'Account Type' section and click on 'Upgrade'. 4. Choose the 'Cash' account option. 5. Review the terms and conditions and click 'Continue'. 6. Complete any additional verification steps if prompted. 7. Once your account is successfully upgraded, you can start buying and selling digital assets using your cash account. Please note that there may be certain requirements or restrictions associated with converting your account to a cash account. It's recommended to review the terms and conditions and contact Robinhood support if you have any specific questions or concerns.
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• Parth MouryaJul 26, 2022 · 3 years ago
  Converting your Robinhood account to a cash account for buying and selling digital assets is a straightforward process. Here's what you need to do: 1. Log in to your Robinhood account. 2. Navigate to the settings menu and select 'Account'. 3. Scroll down to the 'Account Type' section and click on 'Upgrade'. 4. Choose the 'Cash' account option. 5. Read and accept the terms and conditions. 6. Complete any additional verification steps if required. 7. Once your account is successfully upgraded, you can start trading digital assets using your cash account. Keep in mind that converting your account may have certain implications, such as the removal of margin trading privileges. Make sure to review the terms and conditions and consider the impact on your trading strategy before proceeding with the conversion.
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• Denisha NicoleFeb 17, 2023 · 2 years ago
  Converting your Robinhood account to a cash account for buying and selling digital assets is a simple process. Just follow these steps: 1. Log in to your Robinhood account. 2. Access the settings menu and select 'Account'. 3. Scroll down to the 'Account Type' section and click on 'Upgrade'. 4. Opt for the 'Cash' account option. 5. Carefully read and agree to the terms and conditions. 6. Complete any additional verification steps, if necessary. 7. Once your account is upgraded, you can begin trading digital assets using your cash account. Remember to consider any potential limitations or requirements associated with the conversion, and reach out to Robinhood support if you have any specific inquiries.
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