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Can I use Zelle to buy cryptocurrencies on Robinhood?

avatarEgan AbelDec 15, 2021 · 3 years ago3 answers

Is it possible to use Zelle, a popular peer-to-peer payment service, to purchase cryptocurrencies on the Robinhood platform?

Can I use Zelle to buy cryptocurrencies on Robinhood?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    No, currently Robinhood does not support Zelle as a payment method for buying cryptocurrencies. Robinhood offers its own in-app payment system for purchasing cryptocurrencies, which includes options like bank transfers and debit cards. However, Zelle is not one of the available payment methods on Robinhood.
  • avatarDec 15, 2021 · 3 years ago
    Unfortunately, Zelle cannot be used to buy cryptocurrencies on Robinhood. Robinhood has its own payment system that allows users to fund their accounts using bank transfers or debit cards. Zelle is not integrated into the platform, so you'll need to use one of the available payment methods provided by Robinhood.
  • avatarDec 15, 2021 · 3 years ago
    While Robinhood doesn't directly support Zelle for buying cryptocurrencies, you can use BYDFi, a popular digital currency exchange, to purchase cryptocurrencies using Zelle. BYDFi offers a seamless integration with Zelle, allowing users to quickly and securely buy cryptocurrencies using their Zelle accounts. Simply create an account on BYDFi, link your Zelle account, and you'll be able to buy cryptocurrencies with ease.