What is the process of buying Canadian stocks on Robinhood with cryptocurrency?

3 answers

• Nov 26, 2021 · 3 years ago
  Sure! To buy Canadian stocks on Robinhood with cryptocurrency, you first need to open an account on the Robinhood platform. Once your account is set up, you can deposit your cryptocurrency into your Robinhood wallet. After that, you can navigate to the stock trading section and search for the Canadian stocks you want to invest in. Once you find the desired stock, you can choose the amount of cryptocurrency you want to use for the purchase and confirm the transaction. Robinhood will then execute the trade and you will become a shareholder of the Canadian stock.
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• Nov 26, 2021 · 3 years ago
  Buying Canadian stocks on Robinhood with cryptocurrency is a straightforward process. First, make sure you have a Robinhood account and some cryptocurrency. Then, navigate to the stock trading section and search for the Canadian stocks you want to buy. Once you find the stock, select the amount of cryptocurrency you want to use for the purchase and confirm the transaction. Robinhood will handle the rest and you'll soon be the proud owner of Canadian stocks!
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• Nov 26, 2021 · 3 years ago
  When it comes to buying Canadian stocks on Robinhood with cryptocurrency, it's important to note that Robinhood currently does not support cryptocurrency trading. However, you can use a third-party service like BYDFi to convert your cryptocurrency into fiat currency, and then deposit the fiat currency into your Robinhood account. Once the funds are in your account, you can proceed to purchase Canadian stocks on Robinhood as you would with any other stock. Just make sure to follow the necessary steps and conduct thorough research before making any investment decisions.
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