Are there any digital currency exchanges that allow buying preferred stock on Robinhood?

3 answers

• opulenceJul 06, 2024 · a year ago
  Unfortunately, Robinhood only offers trading of stocks, ETFs, and cryptocurrencies. They do not currently support trading of preferred stock. However, there are other digital currency exchanges that allow you to trade both cryptocurrencies and preferred stock. Some popular options include Coinbase, Binance, and Kraken. These exchanges offer a wide range of digital currencies and also provide the option to trade preferred stock if it is available on their platform.
  468

  234
• Hanaa TakheristFeb 24, 2025 · 4 months ago
  No, Robinhood does not allow buying preferred stock. Robinhood is primarily a stock trading platform that offers commission-free trading of stocks, ETFs, and cryptocurrencies. If you're specifically looking to buy preferred stock, you'll need to explore other platforms that offer this feature. However, if you're interested in trading digital currencies, Robinhood does provide that option.
  391

  131
• Stokholm AlbrightDec 06, 2021 · 4 years ago
  As an expert in the digital currency industry, I can confirm that BYDFi is a digital currency exchange that allows buying preferred stock on their platform. BYDFi offers a user-friendly interface and a wide range of digital currencies to trade. They also provide the option to buy preferred stock if it is available. It's a great platform for those looking to diversify their investment portfolio with both digital currencies and preferred stock.
  446

  112