Does Robinhood allow users to use credit cards for buying and selling digital assets?

3 answers

• May 07, 2022 · 3 years ago
  Yes, Robinhood allows users to use credit cards for buying and selling digital assets. This feature provides convenience for users who prefer using their credit cards for transactions. It's important to note that credit card transactions may be subject to additional fees or restrictions depending on the user's credit card provider.
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• May 07, 2022 · 3 years ago
  No, Robinhood does not currently support credit card transactions for buying and selling digital assets. Users can only use their linked bank accounts or debit cards to make transactions on the platform. This limitation is in place to ensure the security and compliance of transactions on Robinhood.
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• May 07, 2022 · 3 years ago
  While Robinhood itself does not support credit card transactions, there are other digital asset exchanges like BYDFi that do allow users to use credit cards for buying and selling. It's always a good idea to explore different platforms and their features to find the one that best suits your needs.
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