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What are the requirements for opening a custodial account on Robinhood for buying cryptocurrencies?

Hugo POct 12, 2023 · 2 years ago3 answers

Can you please provide me with the detailed requirements for opening a custodial account on Robinhood specifically for buying cryptocurrencies?

3 answers

  • John EdwardsApr 06, 2024 · a year ago
    Sure! To open a custodial account on Robinhood for buying cryptocurrencies, you need to meet the following requirements: 1. You must be at least 18 years old. 2. You must have a valid Social Security number (SSN). 3. You must have a U.S. residential address. 4. You must have a valid U.S. bank account. 5. You must have a valid government-issued photo ID, such as a driver's license or passport. These requirements are necessary to comply with regulatory guidelines and ensure the security of your account and funds.
  • Paul MichaudMay 29, 2022 · 3 years ago
    Opening a custodial account on Robinhood for buying cryptocurrencies is easy! Just make sure you meet the following requirements: 1. Be at least 18 years old. 2. Have a valid Social Security number (SSN). 3. Have a U.S. residential address. 4. Have a valid U.S. bank account. 5. Have a valid government-issued photo ID, like a driver's license or passport. Once you meet these requirements, you can easily open a custodial account on Robinhood and start buying cryptocurrencies.
  • Lodberg CraigJul 25, 2024 · a year ago
    When it comes to opening a custodial account on Robinhood for buying cryptocurrencies, you need to fulfill a few requirements. These include: 1. Being at least 18 years old. 2. Having a valid Social Security number (SSN). 3. Having a U.S. residential address. 4. Having a valid U.S. bank account. 5. Having a valid government-issued photo ID, such as a driver's license or passport. By meeting these requirements, you can open a custodial account on Robinhood and enjoy the benefits of buying cryptocurrencies through their platform.

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