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Can I increase the debit card limits for purchasing cryptocurrencies on Robinhood?

avatarMohammad Abdul HannanNov 26, 2021 · 3 years ago3 answers

Is it possible to increase the debit card limits for purchasing cryptocurrencies on the Robinhood platform? I want to buy more cryptocurrencies using my debit card, but I'm currently limited by the set purchase limits. How can I increase these limits?

Can I increase the debit card limits for purchasing cryptocurrencies on Robinhood?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, you can increase the debit card limits for purchasing cryptocurrencies on Robinhood. To do so, you need to verify your identity by providing additional information and completing the necessary steps. This may include submitting your ID, proof of address, and other required documents. Once your identity is verified, you can contact Robinhood support and request an increase in your debit card limits. They will review your request and determine if they can raise your limits based on their internal policies and your account history.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! If you want to increase your debit card limits for buying cryptocurrencies on Robinhood, you'll need to go through a verification process. This process typically involves providing additional personal information and verifying your identity. Once your identity is confirmed, you can contact Robinhood's customer support and request a limit increase. They will guide you through the necessary steps and let you know if your request is approved.
  • avatarNov 26, 2021 · 3 years ago
    Yes, it is possible to increase the debit card limits for purchasing cryptocurrencies on Robinhood. However, please note that I am a representative of BYDFi and not Robinhood. To increase your limits, you should log in to your Robinhood account and navigate to the settings or account section. From there, you can find information on how to increase your debit card limits. If you encounter any issues or need further assistance, you can reach out to Robinhood's customer support for guidance.