What are the requirements for setting up a custodial account on Robinhood for trading virtual currencies?

1 answers

• Simonsen PhamMay 21, 2024 · a year ago
  When it comes to setting up a custodial account on Robinhood for trading virtual currencies, the process is quite simple. All you need to do is provide your personal information, including your full name, date of birth, and Social Security number (SSN) or Individual Taxpayer Identification Number (ITIN). You will also need to have a valid email address and a mobile phone number that can receive SMS messages. Robinhood may require you to provide a valid government-issued ID, such as a driver's license or passport, for identity verification purposes. Once you have provided all the necessary information and completed the verification process, you will be able to start trading virtual currencies on Robinhood. It's important to note that the specific requirements and eligibility criteria may vary depending on your jurisdiction and local regulations, so it's always a good idea to check with Robinhood or refer to their official website for the most accurate and up-to-date information.
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