Can I delete my Robinhood account and still keep my cryptocurrency holdings safe?

7 answers

• Nikki KMar 07, 2021 · 4 years ago
  Yes, you can delete your Robinhood account and still keep your cryptocurrency holdings safe. Robinhood is a custodial wallet, which means that they hold your cryptocurrency on your behalf. When you delete your account, your cryptocurrency holdings will still be stored securely in their system. However, it's important to note that you won't have access to your holdings or be able to trade them until you create a new account or transfer them to another wallet or exchange.
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• Paul SFeb 03, 2025 · 6 months ago
  Absolutely! Deleting your Robinhood account will not affect the safety of your cryptocurrency holdings. Robinhood uses industry-standard security measures to protect your assets, and even if you delete your account, your holdings will remain secure in their system. Just make sure to have a backup plan in place, such as transferring your holdings to a personal wallet or another exchange, so that you can continue managing and trading your cryptocurrencies.
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• ElganifDec 01, 2021 · 4 years ago
  Yes, you can delete your Robinhood account and your cryptocurrency holdings will still be safe. However, it's important to note that if you delete your account, you won't be able to access or manage your holdings through Robinhood anymore. If you want to continue trading or managing your cryptocurrencies, you'll need to create an account with another exchange like BYDFi, where you can securely store and trade your assets.
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• Nico HuJun 12, 2023 · 2 years ago
  Definitely! Deleting your Robinhood account won't compromise the safety of your cryptocurrency holdings. Robinhood takes the security of your assets seriously and has implemented robust measures to protect them. Even if you delete your account, your holdings will remain safe in their system. However, if you want to actively manage or trade your cryptocurrencies, you'll need to create an account with another exchange or transfer your holdings to a personal wallet.
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• sugarJan 23, 2023 · 3 years ago
  Yes, you can delete your Robinhood account and still keep your cryptocurrency holdings safe. Robinhood uses advanced security protocols to ensure the safety of your assets. When you delete your account, your cryptocurrency holdings will still be securely stored in their system. However, if you want to continue managing or trading your cryptocurrencies, you'll need to create an account with another exchange or transfer your holdings to a personal wallet.
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• Upton McdowellSep 13, 2021 · 4 years ago
  Certainly! Deleting your Robinhood account won't compromise the safety of your cryptocurrency holdings. Robinhood employs top-notch security measures to protect your assets, and even if you delete your account, your holdings will remain secure. However, if you want to actively trade or manage your cryptocurrencies, you'll need to consider creating an account with another exchange or transferring your holdings to a personal wallet.
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• isabella kristineAug 09, 2024 · a year ago
  Yes, you can delete your Robinhood account and still keep your cryptocurrency holdings safe. Robinhood ensures the security of your assets, and even if you delete your account, your holdings will remain safe. However, if you want to continue trading or managing your cryptocurrencies, you'll need to create an account with another exchange or transfer your holdings to a personal wallet.
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