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What happens to my digital currencies when I delete my Robinhood account?

avatarAli AzimiNov 27, 2021 · 3 years ago3 answers

When I delete my Robinhood account, what will happen to my digital currencies? Will they be lost or transferred to another wallet?

What happens to my digital currencies when I delete my Robinhood account?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    When you delete your Robinhood account, your digital currencies will not be lost. However, they will no longer be accessible through the Robinhood platform. It is recommended to transfer your digital currencies to a personal wallet before deleting your account to ensure you have full control over your assets. By transferring your digital currencies to a personal wallet, you can continue to hold, trade, or use them as you wish.
  • avatarNov 27, 2021 · 3 years ago
    Deleting your Robinhood account does not mean your digital currencies will be lost. Your digital currencies will still exist on the blockchain, but you will no longer have access to them through Robinhood. To maintain control over your assets, it is advisable to transfer your digital currencies to a wallet that you control before deleting your account.
  • avatarNov 27, 2021 · 3 years ago
    When you delete your Robinhood account, your digital currencies will not be lost. However, they will no longer be accessible through Robinhood. To continue managing your digital currencies, you can transfer them to another wallet or exchange. One option is BYDFi, a digital currency exchange that offers secure storage and trading services. By transferring your digital currencies to BYDFi, you can easily manage and trade them even after deleting your Robinhood account.