What are the available options for depositing cash into Robinhood to trade cryptocurrencies?

1 answers

• May 12, 2022 · 3 years ago
  When it comes to depositing cash into your Robinhood account for trading cryptocurrencies, you have a few options at your disposal. One of the most common methods is linking your bank account to your Robinhood account. This allows for easy transfers between your bank and Robinhood. Another option is to use a debit card or credit card to deposit cash instantly. However, be aware that there may be fees associated with using cards. If you prefer, you can also use a wire transfer for larger deposits. This method is typically used for substantial amounts of cash and may involve additional fees. Overall, Robinhood provides flexibility with its deposit options, making it convenient for you to start trading cryptocurrencies.
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