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Can I transfer my existing digital currencies to robinhood.com?

avatarJevyDec 18, 2021 · 3 years ago3 answers

I have some digital currencies in my wallet and I'm wondering if it's possible to transfer them to robinhood.com. Can I move my existing digital currencies to robinhood.com?

Can I transfer my existing digital currencies to robinhood.com?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, robinhood.com does not currently support the transfer of existing digital currencies from external wallets. They only allow users to buy, sell, and hold digital currencies within their platform. If you want to transfer your existing digital currencies, you'll need to use a different exchange or wallet that supports transfers.
  • avatarDec 18, 2021 · 3 years ago
    No, you cannot transfer your existing digital currencies to robinhood.com. Robinhood is primarily a stock trading platform and only offers a limited selection of digital currencies for trading. They do not provide a wallet or support external transfers. If you're looking to transfer your digital currencies, you should consider using a dedicated cryptocurrency exchange or wallet.
  • avatarDec 18, 2021 · 3 years ago
    While robinhood.com doesn't support direct transfers of existing digital currencies, you can sell your digital currencies on another exchange and then use the funds to buy digital currencies on robinhood.com. Keep in mind that this process involves selling and rebuying, which may result in additional fees and potential price differences. It's always a good idea to compare prices and fees across different platforms before making any transfers.