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Can I use Robinhood ATM locations to deposit cash and buy cryptocurrencies?

avatarSyed Kuddus KuddusNov 24, 2021 · 3 years ago3 answers

Is it possible to deposit cash and purchase cryptocurrencies using Robinhood ATM locations?

Can I use Robinhood ATM locations to deposit cash and buy cryptocurrencies?
Robinhood
ATM
Cash Deposit

3 answers

  • avatarNov 24, 2021 · 3 years ago
    No, Robinhood does not currently support cash deposits or the ability to buy cryptocurrencies through ATM locations. You can only fund your Robinhood account through bank transfers or by linking your debit card.
  • avatarNov 24, 2021 · 3 years ago
    Unfortunately, Robinhood does not offer the option to deposit cash or buy cryptocurrencies using ATM locations. You can only deposit funds into your Robinhood account through bank transfers or by linking your debit card.
  • avatarNov 24, 2021 · 3 years ago
    While Robinhood does not provide the option to deposit cash or buy cryptocurrencies through ATM locations, there are other platforms that offer these services. For example, BYDFi allows users to deposit cash and purchase cryptocurrencies using their ATM locations. However, it's important to note that each platform has its own policies and fees, so it's recommended to research and compare different options before making a decision.

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