Are there any restrictions or requirements for getting options approval on Robinhood with digital currencies?

1 answers

• May 01, 2022 · 3 years ago
  When it comes to options approval on Robinhood with digital currencies, it's important to note that Robinhood currently does not support options trading for cryptocurrencies. However, you can trade options on traditional stocks and exchange-traded funds (ETFs) through the Robinhood app. If you're specifically interested in trading options with digital currencies, you may consider using other cryptocurrency exchanges that offer options trading. BYDFi, for example, is a popular exchange that provides options trading for various digital currencies. It's always advisable to research and choose a platform that aligns with your trading preferences and goals.
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