How can I deposit money into my Robinhood account using cryptocurrencies?

1 answers

• May 24, 2022 · 3 years ago
  Sure thing! Depositing money into your Robinhood account using cryptocurrencies is possible. Here's how you can do it. First, log in to your Robinhood account and navigate to the 'Transfer' or 'Deposit' section. Look for the option to deposit cryptocurrencies and select it. You will then see a list of supported cryptocurrencies. Choose the cryptocurrency you want to deposit and click on it. You will be provided with a unique wallet address for that specific cryptocurrency. Copy the wallet address and use it to transfer the desired amount of cryptocurrency from your personal wallet or another exchange. Once the transfer is confirmed, the funds will be credited to your Robinhood account. It's important to note that there may be fees associated with cryptocurrency deposits, so make sure to review the fee schedule before initiating the transfer.
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