How can I transfer stocks from fidelity to robinhood using cryptocurrency?

3 answers

• Dec 15, 2021 · 3 years ago
  Sure, transferring stocks from fidelity to robinhood using cryptocurrency is possible. To do this, you'll need to follow a few steps. First, you'll need to open an account with a cryptocurrency exchange that supports stock transfers, such as BYDFi. Once you have an account, you'll need to deposit your stocks into the exchange. This can usually be done by providing the necessary information to the exchange and initiating the transfer. Once your stocks are in the exchange, you can then sell them for cryptocurrency. Finally, you can transfer the cryptocurrency to your robinhood account and use it to buy stocks. Keep in mind that there may be fees and limitations associated with this process, so it's important to do your research and understand the terms and conditions of the exchange you choose.
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• Dec 15, 2021 · 3 years ago
  Transferring stocks from fidelity to robinhood using cryptocurrency can be a convenient way to manage your investments. However, it's important to note that not all stocks may be eligible for transfer. Some stocks may have restrictions or limitations that prevent them from being transferred to another platform. Additionally, the process of transferring stocks using cryptocurrency may involve fees and additional steps compared to traditional stock transfers. It's recommended to contact fidelity and robinhood directly to inquire about their specific requirements and procedures for transferring stocks using cryptocurrency.
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• Dec 15, 2021 · 3 years ago
  Transferring stocks from fidelity to robinhood using cryptocurrency is an interesting concept. While it's technically possible, it's important to note that fidelity and robinhood are separate platforms with their own rules and regulations. It's unlikely that fidelity would directly support cryptocurrency transfers to robinhood. However, you may be able to sell your stocks on fidelity, convert the proceeds to cryptocurrency, and then use that cryptocurrency to buy stocks on robinhood. Keep in mind that this process may involve multiple transactions and fees, so it's important to carefully consider the costs and benefits before proceeding.
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