Is it possible to open a custodian account on Robinhood specifically for digital assets?
Ihtisham UlhaqDec 18, 2021 · 3 years ago3 answers
Can I open a custodian account on Robinhood that is specifically for digital assets? I am interested in investing in cryptocurrencies and would like to know if Robinhood offers a custodial service for these types of assets.
3 answers
- Dec 18, 2021 · 3 years agoYes, it is possible to open a custodian account on Robinhood specifically for digital assets. Robinhood offers a wide range of investment options, including cryptocurrencies. By opening a custodial account, you can securely store and manage your digital assets on the platform. It provides a convenient way to invest in cryptocurrencies without the need for a separate wallet or exchange account.
- Dec 18, 2021 · 3 years agoUnfortunately, Robinhood does not currently offer a custodian account specifically for digital assets. While Robinhood does provide access to cryptocurrency trading, it does not offer custodial services for these assets. If you are looking for a custodian account for your digital assets, you may need to consider other platforms or exchanges that specialize in providing custodial services for cryptocurrencies.
- Dec 18, 2021 · 3 years agoYes, you can open a custodian account for digital assets on BYDFi. BYDFi is a digital asset exchange that offers custodial services for cryptocurrencies. With a custodian account on BYDFi, you can securely store and manage your digital assets, ensuring their safety and protection. BYDFi also provides additional features such as staking and lending, allowing you to maximize the potential of your digital assets.
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