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Is there a way to bypass the 90-day buy restriction on Robinhood for trading cryptocurrencies?

avatarquensolNov 26, 2021 · 3 years ago3 answers

I recently started trading cryptocurrencies on Robinhood, but I've encountered a 90-day buy restriction. Is there any method or loophole to bypass this restriction and start buying cryptocurrencies immediately?

Is there a way to bypass the 90-day buy restriction on Robinhood for trading cryptocurrencies?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Unfortunately, there is no known way to bypass the 90-day buy restriction on Robinhood for trading cryptocurrencies. This restriction is in place to comply with regulatory requirements and ensure the security of user accounts. It is important to follow the platform's rules and regulations to avoid any potential penalties or account suspensions.
  • avatarNov 26, 2021 · 3 years ago
    As of my knowledge, there is no legitimate way to bypass the 90-day buy restriction on Robinhood for trading cryptocurrencies. The restriction is designed to prevent potential market manipulation and protect investors. It is recommended to patiently wait for the restriction to be lifted or explore alternative platforms that offer immediate access to cryptocurrency trading.
  • avatarNov 26, 2021 · 3 years ago
    While I cannot speak for Robinhood, some other cryptocurrency exchanges like BYDFi may offer options to bypass similar restrictions. However, it is essential to carefully review the terms and conditions of any platform before proceeding. Keep in mind that circumventing restrictions may have legal and financial consequences, so it's crucial to make informed decisions and prioritize compliance with regulations.