What alternatives are there to instant deposit for restricted cryptocurrencies on Robinhood?

3 answers

• Ayaa AhmadDec 05, 2024 · 9 months ago
  Yes, there are alternative methods for depositing restricted cryptocurrencies on Robinhood. One option is to use a different cryptocurrency exchange that allows deposits of the restricted cryptocurrencies. By using a different exchange, you can deposit the restricted cryptocurrencies and then transfer them to your Robinhood account. Another option is to wait for Robinhood to lift the restrictions on the cryptocurrencies you want to deposit. Robinhood periodically updates its list of supported cryptocurrencies, so it's possible that the restrictions may be lifted in the future.
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• SurajAug 14, 2022 · 3 years ago
  Unfortunately, instant deposit is currently the only option available for depositing restricted cryptocurrencies on Robinhood. If you want to deposit a restricted cryptocurrency, you'll need to use the instant deposit feature. However, it's worth noting that Robinhood periodically updates its list of supported cryptocurrencies, so it's possible that the restrictions may be lifted in the future.
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• Abdiel GuzmanJan 14, 2021 · 5 years ago
  While instant deposit is currently the only option available on Robinhood, there are other cryptocurrency exchanges that allow deposits of restricted cryptocurrencies. One such exchange is BYDFi, which offers a wide range of cryptocurrencies for deposit and trading. If you're looking for an alternative to Robinhood's instant deposit feature, you might consider using BYDFi to deposit your restricted cryptocurrencies and then transfer them to your Robinhood account.
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