What are the steps to create a custodial account on Robinhood for digital currencies?
Thales P. ScarpatoDec 15, 2021 · 3 years ago3 answers
Can you provide a step-by-step guide on how to create a custodial account on Robinhood for digital currencies? I want to know the process and requirements involved.
3 answers
- Dec 15, 2021 · 3 years agoSure! Here's a step-by-step guide on creating a custodial account on Robinhood for digital currencies: 1. Download the Robinhood app from the App Store or Google Play Store. 2. Open the app and tap on 'Sign Up' to create a new account. 3. Provide your personal information, including your full name, email address, and phone number. 4. Verify your email address and phone number by following the instructions sent to you. 5. Complete the identity verification process by submitting a photo of your government-issued ID. 6. Once your identity is verified, navigate to the 'Account' section in the app. 7. Tap on 'Add a Bank Account' and follow the prompts to link your bank account to your Robinhood account. 8. After your bank account is linked, go to the 'Invest' section and search for the digital currency you want to buy. 9. Tap on the currency and select 'Buy' to make your purchase. 10. Congratulations! You have successfully created a custodial account on Robinhood for digital currencies and made your first purchase.
- Dec 15, 2021 · 3 years agoCreating a custodial account on Robinhood for digital currencies is a straightforward process. Just follow these steps: 1. Install the Robinhood app on your mobile device. 2. Launch the app and tap on the 'Sign Up' button. 3. Provide the required information, such as your name, email address, and phone number. 4. Verify your email and phone number by following the instructions sent to you. 5. Complete the identity verification process by submitting a photo of your ID. 6. Once your identity is verified, link your bank account to your Robinhood account. 7. Start exploring the available digital currencies and make your first purchase. That's it! You now have a custodial account on Robinhood for digital currencies.
- Dec 15, 2021 · 3 years agoTo create a custodial account on Robinhood for digital currencies, follow these steps: 1. Download the Robinhood app from the App Store or Google Play Store. 2. Sign up for a new account by providing your personal information. 3. Verify your email address and phone number. 4. Complete the identity verification process by submitting a photo of your ID. 5. Connect your bank account to your Robinhood account. 6. Start exploring the available digital currencies and make your first purchase. Remember, always do your own research and consider the risks before investing in digital currencies. Happy investing!
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