Can I opt out of stock lending on Robinhood and only engage in digital currency transactions?

Is it possible to opt out of stock lending on the Robinhood platform and solely focus on digital currency transactions? I am interested in investing in cryptocurrencies and would like to avoid any involvement with stock lending. Can I customize my account settings to exclude stock lending and only participate in digital currency trading?

3 answers
- Yes, you can opt out of stock lending on Robinhood and solely engage in digital currency transactions. To do this, you can navigate to your account settings and disable the stock lending feature. By doing so, you can focus exclusively on trading digital currencies without any involvement in stock lending.
Mar 16, 2022 · 3 years ago
- Absolutely! If you prefer to only participate in digital currency transactions on Robinhood, you have the option to opt out of stock lending. Simply go to your account settings and disable the stock lending feature. This way, you can fully concentrate on your digital currency investments without any distractions.
Mar 16, 2022 · 3 years ago
- Certainly! While Robinhood does offer stock lending as a feature, you can choose to opt out and solely engage in digital currency transactions. By customizing your account settings, you can disable stock lending and focus entirely on trading cryptocurrencies. This allows you to align your investment strategy with your preferences and goals.
Mar 16, 2022 · 3 years ago
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