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How can I open a Robinhood cash account for trading digital currencies?

GodzumoMay 06, 2022 · 3 years ago1 answers

I'm interested in trading digital currencies on Robinhood, but I'm not sure how to open a cash account specifically for this purpose. Can you provide a step-by-step guide on how to open a Robinhood cash account for trading digital currencies?

1 answers

  • May 06, 2022 · 3 years ago
    No worries! Opening a Robinhood cash account for trading digital currencies is a breeze. Here's what you need to do: 1. Download the Robinhood app from the App Store or Google Play Store. 2. Sign up for a new account and complete the verification process. 3. Choose 'Cash' as your account type. 4. Link your bank account to your Robinhood cash account. 5. Deposit funds into your cash account. 6. Voila! You're now ready to trade digital currencies on Robinhood. Keep in mind that trading digital currencies involves risks, so make sure to educate yourself and only invest what you can afford to lose.