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What is the process to switch my Robinhood account to a cash account and trade digital assets?

avatarSai ChaitanyaDec 16, 2021 · 3 years ago3 answers

I want to switch my Robinhood account to a cash account so that I can trade digital assets. Can you please explain the process to do so?

What is the process to switch my Robinhood account to a cash account and trade digital assets?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! To switch your Robinhood account to a cash account and start trading digital assets, you'll need to follow these steps: 1. Open the Robinhood app on your mobile device or visit the Robinhood website on your computer. 2. Go to the 'Account' section and select 'Settings'. 3. Scroll down and find the 'Account Type' option. 4. Click on 'Change Account Type'. 5. Choose the 'Cash' account option. 6. Review the information and click on 'Confirm'. Once your account has been switched to a cash account, you'll be able to trade digital assets using the funds available in your account balance. Happy trading!
  • avatarDec 16, 2021 · 3 years ago
    No problem! If you want to switch your Robinhood account to a cash account and start trading digital assets, here's what you need to do: 1. Open the Robinhood app or go to the Robinhood website. 2. Navigate to the 'Account' section and click on 'Settings'. 3. Look for the 'Account Type' option. 4. Click on 'Change Account Type'. 5. Select the 'Cash' account option. 6. Carefully review the details and click on 'Confirm'. Once your account has been successfully switched to a cash account, you'll be able to trade digital assets using the funds in your account balance. Enjoy trading!
  • avatarDec 16, 2021 · 3 years ago
    Certainly! If you're looking to switch your Robinhood account to a cash account and dive into trading digital assets, here's a step-by-step guide: 1. Fire up the Robinhood app on your smartphone or head over to the Robinhood website on your computer. 2. Access the 'Account' section and tap on 'Settings'. 3. Scroll down until you spot the 'Account Type' option. 4. Give it a tap and select 'Change Account Type'. 5. Opt for the 'Cash' account option. 6. Take a moment to review the details and hit 'Confirm'. Once your account has been successfully converted to a cash account, you'll be all set to trade digital assets using the funds available in your account balance. Happy trading! 😊