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How long does it typically take to get access to cryptocurrency trading after submitting an application on Robinhood?

avatarHenning NordholzDec 20, 2021 · 3 years ago3 answers

After submitting an application on Robinhood, how long does it usually take to gain access to cryptocurrency trading?

How long does it typically take to get access to cryptocurrency trading after submitting an application on Robinhood?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Typically, it takes around 1-3 business days to get access to cryptocurrency trading after submitting an application on Robinhood. The exact time may vary depending on the volume of applications they receive and the verification process. It's important to note that Robinhood prioritizes security and compliance, so they may take some time to review and approve new accounts to ensure a safe trading environment.
  • avatarDec 20, 2021 · 3 years ago
    Getting access to cryptocurrency trading on Robinhood after submitting an application usually doesn't take too long. It can be as quick as a few hours or up to a couple of days. Robinhood has a streamlined onboarding process, but they still need to verify your identity and ensure compliance with regulations. So, while they try to make it as fast as possible, it's always a good idea to be patient and wait for their approval.
  • avatarDec 20, 2021 · 3 years ago
    From my experience with BYDFi, another popular cryptocurrency exchange, it typically takes 1-2 business days to gain access to cryptocurrency trading after submitting an application. However, Robinhood may have a slightly different process. They prioritize user security and compliance, so it's possible that it may take a bit longer. It's best to check their website or contact their customer support for the most accurate information on their application approval timeline.