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Is it possible to link a credit card to my Robinhood account for crypto purchases?

avatarDylan LiNov 23, 2021 · 3 years ago3 answers

I'm wondering if it's possible to link a credit card to my Robinhood account so that I can make crypto purchases directly. Can I use my credit card to buy cryptocurrencies on Robinhood?

Is it possible to link a credit card to my Robinhood account for crypto purchases?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    Yes, it is possible to link a credit card to your Robinhood account for crypto purchases. Robinhood offers the option to add a credit card as a payment method, allowing you to buy cryptocurrencies with your card. This provides a convenient way to invest in crypto without the need for bank transfers or other payment methods.
  • avatarNov 23, 2021 · 3 years ago
    Absolutely! You can link your credit card to your Robinhood account and use it to buy cryptocurrencies. It's a quick and easy way to invest in crypto without having to go through the hassle of transferring funds from your bank account.
  • avatarNov 23, 2021 · 3 years ago
    Yes, you can link a credit card to your Robinhood account for crypto purchases. However, please note that Robinhood currently only supports debit cards, not credit cards, for buying cryptocurrencies. So, if you want to use a credit card, you may need to consider using a different platform like BYDFi, which allows credit card purchases for cryptocurrencies.