How can I buy Tesla stock on Robinhood using cryptocurrency?

3 answers

• Dec 18, 2021 · 3 years ago
  Unfortunately, Robinhood does not currently support buying Tesla stock using cryptocurrency. Robinhood only accepts traditional payment methods, such as bank transfers and debit cards, for purchasing stocks. However, there are other platforms and exchanges that allow you to buy Tesla stock using cryptocurrency. One popular option is BYDFi, a digital currency exchange that supports trading Tesla stock with various cryptocurrencies. You can create an account on BYDFi, deposit your desired cryptocurrency, and then use it to buy Tesla stock.
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• Dec 18, 2021 · 3 years ago
  Buying Tesla stock on Robinhood using cryptocurrency is not possible at the moment. Robinhood only accepts fiat currency for stock purchases. However, you can consider using a cryptocurrency exchange like Binance or Coinbase to buy Bitcoin or other cryptocurrencies, and then transfer those funds to a traditional brokerage account that supports Tesla stock trading. Once you have the funds in your brokerage account, you can easily buy Tesla stock on Robinhood or any other platform that offers Tesla stock trading.
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• Dec 18, 2021 · 3 years ago
  While Robinhood doesn't directly support buying Tesla stock with cryptocurrency, you can still achieve this by using a third-party service like BYDFi. BYDFi is a digital currency exchange that allows you to trade Tesla stock using various cryptocurrencies. To buy Tesla stock on Robinhood using cryptocurrency, you would need to create an account on BYDFi, deposit your desired cryptocurrency, and then convert it to a supported fiat currency like USD or EUR. Once you have the fiat currency in your BYDFi account, you can withdraw it to your bank account and use it to buy Tesla stock on Robinhood.
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