Is it possible to make a custodial account on Robinhood specifically for investing in cryptocurrencies?

3 answers

• gerardo caballeroAug 15, 2022 · 3 years ago
  Yes, it is possible to create a custodial account on Robinhood for investing in cryptocurrencies. Robinhood offers a custodial account option that allows you to manage your cryptocurrency investments separately from your other investments. This can be a convenient way to keep track of your crypto holdings and make trades within the Robinhood platform.
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• CamziliJun 10, 2021 · 4 years ago
  Absolutely! Robinhood provides the option to create a custodial account specifically for investing in cryptocurrencies. This allows you to have a dedicated account for managing your crypto investments, separate from your traditional investments. It's a great way to keep your cryptocurrency portfolio organized and easily accessible within the Robinhood app.
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• Rohit saraswatFeb 07, 2022 · 4 years ago
  Yes, you can create a custodial account on Robinhood for investing in cryptocurrencies. With a custodial account, you can have a separate wallet within Robinhood to hold your cryptocurrencies and make trades. This option is especially useful if you want to keep your cryptocurrency investments separate from your other investments on Robinhood. However, it's important to note that custodial accounts may have certain limitations and restrictions compared to regular accounts.
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