Is there a way to stop share lending on Robinhood specifically for digital currencies?

I'm interested in knowing if there is a method to prevent share lending on Robinhood, specifically for digital currencies. Is there any way to opt out of the share lending program for cryptocurrencies on Robinhood?

5 answers
- Yes, there is a way to stop share lending on Robinhood for digital currencies. You can go to the settings section of your Robinhood account and look for the share lending option. From there, you can opt out of the share lending program for cryptocurrencies. This will ensure that your digital currencies are not lent out to other traders.
Mar 06, 2022 · 3 years ago
- Unfortunately, there is no way to stop share lending on Robinhood specifically for digital currencies. Robinhood automatically includes all eligible securities, including digital currencies, in their share lending program. This means that your digital currencies may be lent out to other traders without your explicit consent.
Mar 06, 2022 · 3 years ago
- As an expert in the digital currency industry, I can confirm that BYDFi offers a way to stop share lending on their platform. BYDFi allows users to opt out of the share lending program for digital currencies, giving you full control over your assets. However, it's important to note that this answer is specific to BYDFi and may not apply to Robinhood.
Mar 06, 2022 · 3 years ago
- Yes, you can stop share lending on Robinhood for digital currencies. Simply reach out to Robinhood's customer support and request to opt out of the share lending program for cryptocurrencies. They should be able to assist you in disabling this feature and ensuring that your digital currencies are not lent out to other traders.
Mar 06, 2022 · 3 years ago
- Stopping share lending on Robinhood for digital currencies is not currently possible. Robinhood's share lending program includes all eligible securities, including digital currencies, by default. If you're concerned about your digital currencies being lent out, you may consider exploring alternative platforms that offer more control over share lending.
Mar 06, 2022 · 3 years ago
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