Can I withdraw margin from Robinhood for cryptocurrency trading without closing my positions?

3 answers

• Dec 16, 2021 · 3 years ago
  No, you cannot withdraw margin from Robinhood for cryptocurrency trading without closing your positions. When you use margin to trade cryptocurrencies on Robinhood, the borrowed funds are tied to your open positions. In order to withdraw the margin, you would need to close your positions first. This is because the borrowed funds are used as collateral for your trades, and withdrawing the margin would leave your positions without sufficient collateral.
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• Dec 16, 2021 · 3 years ago
  Unfortunately, you cannot withdraw margin from Robinhood for cryptocurrency trading without closing your positions. The margin you have borrowed is tied to your open positions, and withdrawing it would result in insufficient collateral. To withdraw the margin, you will need to close your positions first. Keep in mind that closing your positions may result in potential gains or losses, so it's important to consider your trading strategy before making any decisions.
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• Dec 16, 2021 · 3 years ago
  As an expert from BYDFi, I can confirm that you cannot withdraw margin from Robinhood for cryptocurrency trading without closing your positions. The margin you have borrowed is tied to your open positions, and withdrawing it would leave your positions without sufficient collateral. To withdraw the margin, you will need to close your positions first. It's always important to carefully manage your margin trading and consider the potential risks involved.
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