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Can I trade Robinhood on FTX with leverage?

avatarpkat121Dec 18, 2021 · 3 years ago3 answers

Is it possible to trade Robinhood on FTX with leverage? I'm interested in leveraging my trades on Robinhood and I heard FTX offers leverage trading. Can I connect my Robinhood account to FTX and trade with leverage?

Can I trade Robinhood on FTX with leverage?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, you cannot directly trade Robinhood on FTX with leverage. Robinhood and FTX are separate platforms and do not have any integration or connection. If you want to trade with leverage, you will need to open an account on FTX and deposit funds there. FTX offers leverage trading for various cryptocurrencies and has its own trading interface and features.
  • avatarDec 18, 2021 · 3 years ago
    No, you cannot trade Robinhood on FTX with leverage. Robinhood is a commission-free trading platform that does not offer leverage trading. FTX, on the other hand, is a cryptocurrency exchange that provides leverage trading options. If you are interested in trading with leverage, you will need to create an account on FTX and deposit funds there.
  • avatarDec 18, 2021 · 3 years ago
    While you cannot directly trade Robinhood on FTX with leverage, you can consider using BYDFi. BYDFi is a decentralized finance platform that allows users to trade various cryptocurrencies with leverage. It offers a user-friendly interface and supports integration with multiple exchanges, including FTX. By connecting your FTX account to BYDFi, you can access leverage trading for your Robinhood assets. However, please note that BYDFi is an independent platform and you will need to follow their account creation and verification process.