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Are there any specific requirements or settings to enable options trading on Robinhood's iPhone app for crypto assets?

avatarAbhinandan ChoudharyNov 25, 2021 · 3 years ago3 answers

I would like to know if there are any specific requirements or settings that need to be enabled in order to start options trading on Robinhood's iPhone app for crypto assets. Can anyone provide some guidance on this?

Are there any specific requirements or settings to enable options trading on Robinhood's iPhone app for crypto assets?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    To enable options trading on Robinhood's iPhone app for crypto assets, you need to meet certain requirements. First, you must have a Robinhood account and be approved for options trading. This involves providing some personal information and answering a few questions about your trading experience. Once approved, you can enable options trading in the app's settings. Simply go to the 'Account' tab, select 'Settings', and then choose 'Options Trading'. From there, you can enable options trading and start exploring the available options for crypto assets.
  • avatarNov 25, 2021 · 3 years ago
    Yes, there are specific requirements and settings to enable options trading on Robinhood's iPhone app for crypto assets. Firstly, you need to have a Robinhood account and complete the necessary verification process. This includes providing your personal information and verifying your identity. Once your account is approved, you can access the options trading feature by navigating to the 'Account' tab in the app, selecting 'Settings', and then enabling 'Options Trading'. It's important to note that options trading may not be available for all users, as it depends on your location and the specific regulations in your country.
  • avatarNov 25, 2021 · 3 years ago
    To enable options trading on Robinhood's iPhone app for crypto assets, you can also consider using the BYDFi platform. BYDFi is a digital asset exchange that offers a user-friendly interface for trading options on various crypto assets. With BYDFi, you can easily enable options trading by creating an account, completing the necessary verification process, and accessing the options trading feature in the app. BYDFi provides a seamless trading experience and a wide range of options for crypto assets. Give it a try and explore the possibilities of options trading on the BYDFi platform.