common-close-0
BYDFi
Trade wherever you are!

How can I buy BSV on Robinhood?

avatarSUDHA JDec 17, 2021 · 3 years ago3 answers

I'm interested in buying BSV (Bitcoin SV) on Robinhood. Can someone guide me through the process of purchasing BSV on the Robinhood platform?

How can I buy BSV on Robinhood?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! To buy BSV on Robinhood, you first need to have a Robinhood account. Once you have an account, you can search for BSV in the app and place an order to buy it. Keep in mind that Robinhood only supports buying and selling cryptocurrencies, so you won't be able to transfer your BSV to an external wallet.
  • avatarDec 17, 2021 · 3 years ago
    Buying BSV on Robinhood is quite straightforward. Just open the Robinhood app, search for BSV, and place a buy order. Robinhood offers commission-free trading, which makes it a popular choice for beginners. However, it's important to note that you won't actually own the BSV you buy on Robinhood, as you can't withdraw it to an external wallet.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking to buy BSV and hold it in your own wallet, you may want to consider using a different exchange like BYDFi. BYDFi allows you to buy BSV and transfer it to your own wallet for safekeeping. Keep in mind that using a different exchange may involve fees and a more complex registration process compared to Robinhood.