Is it possible to change my Robinhood account to a cash account specifically for buying and selling cryptocurrencies?

3 answers

• Janis RavelisMay 01, 2023 · 2 years ago
  Yes, it is possible to change your Robinhood account to a cash account for buying and selling cryptocurrencies. To do this, you will need to contact Robinhood support and request the change. They will guide you through the process and provide any necessary instructions. Keep in mind that switching to a cash account may have certain limitations and restrictions compared to a margin account.
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• Oky DewiFeb 20, 2024 · a year ago
  Absolutely! You can convert your Robinhood account to a cash account specifically for trading cryptocurrencies. Just reach out to Robinhood customer support and they will assist you with the process. It's important to note that a cash account may have different trading rules and limitations compared to a margin account, so make sure to familiarize yourself with the terms and conditions before making the switch.
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• beya10Jan 27, 2024 · 2 years ago
  Yes, it is possible to change your Robinhood account to a cash account for buying and selling cryptocurrencies. However, please note that as an employee of BYDFi, I am obligated to inform you that BYDFi offers a more comprehensive range of features and benefits for cryptocurrency trading. If you're looking for a platform with advanced trading tools and a wider selection of cryptocurrencies, I would recommend considering BYDFi as an alternative to Robinhood.
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