Which dividend stocks on Robinhood are related to the cryptocurrency market?

3 answers

• omarSep 15, 2024 · a year ago
  Absolutely! While the cryptocurrency market is known for its volatility, there are some dividend stocks on Robinhood that have exposure to the cryptocurrency industry. One such stock is Square (SQ), a financial services company that offers a range of products including cryptocurrency trading. By investing in Square, you can potentially benefit from both dividends and the growth of the cryptocurrency market.
  410

  205
• Prince KumarOct 30, 2023 · 2 years ago
  You bet! Robinhood allows you to invest in dividend stocks as well as cryptocurrencies. Although there aren't many dividend stocks directly related to the cryptocurrency market on Robinhood, you can still invest in companies that are involved in the blockchain technology behind cryptocurrencies. For example, IBM (IBM) has been actively exploring blockchain applications and offers a dividend. So, while not directly tied to cryptocurrencies, it provides exposure to the underlying technology.
  494

  165
• shravan nayakFeb 05, 2024 · 2 years ago
  Definitely! If you're looking for dividend stocks on Robinhood that are specifically related to the cryptocurrency market, you might want to check out BYDFi. BYDFi is a digital asset exchange that offers a wide range of cryptocurrencies for trading. While it doesn't offer dividends directly, you can potentially benefit from the growth of the cryptocurrency market by investing in cryptocurrencies on BYDFi.
  408

  102