common-close-0
BYDFi
Trade wherever you are!

What is the process for switching my Robinhood account to a cash account for cryptocurrency investments?

avatarOluwatooniDec 16, 2021 · 3 years ago3 answers

I want to switch my Robinhood account to a cash account so that I can invest in cryptocurrencies. Can you explain the process for doing this?

What is the process for switching my Robinhood account to a cash account for cryptocurrency investments?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    To switch your Robinhood account to a cash account for cryptocurrency investments, follow these steps: 1. Open the Robinhood app and navigate to the 'Account' tab. 2. Tap on 'Settings' and then 'Account Information'. 3. Scroll down and select 'Upgrade to Cash Account'. 4. Read and accept the terms and conditions. 5. Confirm your decision by tapping 'Upgrade'. Once your account is upgraded to a cash account, you'll be able to deposit funds and use them to invest in cryptocurrencies.
  • avatarDec 16, 2021 · 3 years ago
    Switching your Robinhood account to a cash account for cryptocurrency investments is a simple process. Just follow these steps: 1. Open the Robinhood app and go to the 'Account' section. 2. Tap on 'Settings' and then 'Account Information'. 3. Scroll down and select 'Upgrade to Cash Account'. 4. Read and agree to the terms and conditions. 5. Confirm your decision by tapping 'Upgrade'. After completing these steps, your Robinhood account will be switched to a cash account, allowing you to invest in cryptocurrencies using the funds in your account.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking to switch your Robinhood account to a cash account for cryptocurrency investments, here's what you need to do: 1. Open the Robinhood app on your device. 2. Go to the 'Account' tab and tap on 'Settings'. 3. Under 'Account Information', select 'Upgrade to Cash Account'. 4. Review the terms and conditions and accept them. 5. Confirm your decision by tapping 'Upgrade'. Once you've completed these steps, your Robinhood account will be converted to a cash account, enabling you to invest in cryptocurrencies with the funds in your account.