common-close-0
BYDFi
Trade wherever you are!

What are the steps to buying puts on Robinhood for digital currencies?

avatarAkash M.VDec 17, 2021 · 3 years ago3 answers

Can you provide a step-by-step guide on how to buy puts on Robinhood for digital currencies?

What are the steps to buying puts on Robinhood for digital currencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! Here's a step-by-step guide on how to buy puts on Robinhood for digital currencies: 1. Open the Robinhood app on your mobile device or visit the website on your computer. 2. Log in to your Robinhood account or create a new one if you don't have an account yet. 3. Navigate to the search bar and enter the name or ticker symbol of the digital currency you want to buy puts for. 4. Select the correct digital currency from the search results. 5. On the digital currency's page, tap on the 'Trade' button. 6. Choose the 'Options' tab. 7. Select the expiration date and strike price for the put option you want to buy. 8. Enter the number of contracts you want to purchase. 9. Review the order details and tap on the 'Review' button. 10. Confirm the order by tapping on the 'Submit' button. That's it! You have successfully bought puts on Robinhood for digital currencies.
  • avatarDec 17, 2021 · 3 years ago
    Buying puts on Robinhood for digital currencies is easy! Just follow these steps: 1. Log in to your Robinhood account. 2. Search for the digital currency you want to buy puts for. 3. Select the correct digital currency from the search results. 4. Click on the 'Trade' button. 5. Choose the 'Options' tab. 6. Pick the expiration date and strike price for the put option. 7. Enter the number of contracts you want to buy. 8. Review the order details and click on the 'Review' button. 9. Confirm the order by clicking on the 'Submit' button. Congratulations! You've successfully purchased puts on Robinhood for digital currencies.
  • avatarDec 17, 2021 · 3 years ago
    No worries! Here's a simple guide to buying puts on Robinhood for digital currencies: 1. Log in to your Robinhood account. 2. Search for the digital currency you want to buy puts for. 3. Choose the correct digital currency from the search results. 4. Click on the 'Trade' button. 5. Select the 'Options' tab. 6. Set the expiration date and strike price for the put option. 7. Enter the number of contracts you wish to purchase. 8. Review the order details and click on the 'Review' button. 9. Confirm the order by clicking on the 'Submit' button. That's it! You've successfully bought puts on Robinhood for digital currencies.