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Is it possible to create a custodial account on Robinhood specifically for trading digital assets?

avatarJuicy TTYDec 18, 2021 · 3 years ago3 answers

I'm interested in trading digital assets on Robinhood, but I'm not sure if they offer custodial accounts specifically for that purpose. Can I create a custodial account on Robinhood for trading digital assets?

Is it possible to create a custodial account on Robinhood specifically for trading digital assets?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, it is possible to create a custodial account on Robinhood for trading digital assets. Robinhood offers custodial accounts that allow you to trade various digital assets, including cryptocurrencies. These accounts are designed for parents or legal guardians to manage investments on behalf of their children. With a custodial account, you can buy, sell, and hold digital assets within the Robinhood platform. It's a convenient option for those who want to introduce their children to the world of digital asset trading.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! Robinhood provides custodial accounts specifically for trading digital assets. These accounts are a great way to manage investments on behalf of minors or individuals who may not have the legal capacity to trade on their own. With a custodial account, you can easily buy, sell, and hold digital assets within the Robinhood app. It's a user-friendly platform that offers a wide range of digital assets to choose from. Start trading digital assets on Robinhood today!
  • avatarDec 18, 2021 · 3 years ago
    Yes, you can create a custodial account on Robinhood for trading digital assets. Robinhood's custodial accounts are a secure and convenient way to manage investments on behalf of minors. With a custodial account, you can trade a variety of digital assets, including cryptocurrencies, within the Robinhood platform. It's a great option for parents or legal guardians who want to introduce their children to the world of digital asset trading. Sign up for a custodial account on Robinhood and start trading digital assets with ease!