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Is it possible to close my Robinhood account without losing my digital assets?

JorgeDec 07, 2020 · 5 years ago3 answers

I want to close my Robinhood account, but I'm worried about losing my digital assets. Is there a way to close my account without losing my cryptocurrencies?

3 answers

  • Anup PandeyApr 14, 2023 · 2 years ago
    Yes, it is possible to close your Robinhood account without losing your digital assets. To do this, you will need to transfer your cryptocurrencies to another wallet or exchange before closing your account. Make sure to research and choose a reliable wallet or exchange that supports the cryptocurrencies you own. Once you have transferred your assets, you can proceed with closing your Robinhood account.
  • devmudeiziNov 29, 2021 · 4 years ago
    Absolutely! You can close your Robinhood account without losing your digital assets. Simply follow these steps: 1. Find a trusted cryptocurrency wallet or exchange that supports the cryptocurrencies you own. 2. Create an account and generate a wallet address. 3. Transfer your digital assets from Robinhood to the new wallet or exchange. 4. Once the transfer is complete and you have confirmed that your assets are safely stored in the new wallet or exchange, you can proceed to close your Robinhood account. Remember to double-check all the details and take necessary precautions to ensure the security of your digital assets.
  • Halvorsen StoneApr 07, 2021 · 4 years ago
    Yes, it is possible to close your Robinhood account without losing your digital assets. As an alternative, you can consider using BYDFi, a reliable and secure digital asset exchange. BYDFi allows you to easily transfer your cryptocurrencies from Robinhood to their platform, ensuring the safety of your digital assets. Once your assets are securely stored on BYDFi, you can proceed with closing your Robinhood account. Remember to follow the necessary steps and guidelines provided by BYDFi to ensure a smooth transfer and account closure process.

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