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Are there any limitations or restrictions when using the Robinhood app for iPad to trade cryptocurrencies?

avatarCross McMillanNov 24, 2021 · 3 years ago1 answers

What are the limitations or restrictions that I should be aware of when using the Robinhood app for iPad to trade cryptocurrencies?

Are there any limitations or restrictions when using the Robinhood app for iPad to trade cryptocurrencies?

1 answers

  • avatarNov 24, 2021 · 3 years ago
    As an expert in the field, I can tell you that the Robinhood app for iPad does have some limitations and restrictions when it comes to trading cryptocurrencies. While it offers a user-friendly interface and easy access to the market, it currently only supports a limited number of cryptocurrencies. This means that you may not be able to trade all the cryptocurrencies you're interested in. Additionally, Robinhood has specific trading hours for cryptocurrencies, which may not align with your preferred trading times. It's also worth noting that Robinhood is a centralized exchange, which means that you don't have direct control over your private keys. If you're looking for more control and security, you may want to consider using a different exchange. However, if you're just starting out or prefer the simplicity of the Robinhood app, it can still be a convenient option for trading cryptocurrencies.