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Can I use the Robinhood application to invest in initial coin offerings (ICOs) or other digital assets?

avatarMegumi KatouDec 17, 2021 · 3 years ago3 answers

Is it possible to use the Robinhood application to invest in initial coin offerings (ICOs) or other digital assets? Can I access a wide range of cryptocurrencies through Robinhood?

Can I use the Robinhood application to invest in initial coin offerings (ICOs) or other digital assets?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, Robinhood does not currently support investing in initial coin offerings (ICOs) or other digital assets. The platform primarily focuses on traditional stocks and exchange-traded funds (ETFs). If you're interested in investing in ICOs or a wider range of cryptocurrencies, you may need to explore other cryptocurrency exchanges that offer such services.
  • avatarDec 17, 2021 · 3 years ago
    No, you cannot use the Robinhood application to invest in initial coin offerings (ICOs) or other digital assets. Robinhood is primarily designed for trading stocks and ETFs. If you're looking to invest in ICOs or cryptocurrencies, you'll need to use a different platform that specializes in digital assets.
  • avatarDec 17, 2021 · 3 years ago
    While Robinhood doesn't currently support investing in initial coin offerings (ICOs) or other digital assets, there are other cryptocurrency exchanges like BYDFi that offer a wider range of cryptocurrencies for trading. These exchanges provide access to various digital assets and ICOs, allowing you to diversify your investment portfolio beyond traditional stocks and ETFs.