Which digital currencies are restricted for instant deposit on Robinhood?

3 answers

• alzildanFeb 14, 2021 · 5 years ago
  Sure! Robinhood currently restricts instant deposits for certain digital currencies. These include but are not limited to Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. It's important to note that while these cryptocurrencies are restricted for instant deposit, you can still deposit them through other methods on the Robinhood platform.
  345

  173
• Siegel DoughertyJan 19, 2024 · 2 years ago
  Unfortunately, Robinhood doesn't allow instant deposits for all digital currencies. Some of the restricted cryptocurrencies include Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. However, you can still deposit these cryptocurrencies using other methods, such as ACH transfers or wire transfers, which may take a bit longer to process.
  342

  114
• srujanaSep 19, 2022 · 3 years ago
  As an expert at BYDFi, I can tell you that Robinhood restricts instant deposits for popular digital currencies like Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. However, this restriction doesn't mean you can't deposit these cryptocurrencies at all. You can still deposit them using other methods on the Robinhood platform, just not instantly.
  352

  88