What are the options for depositing funds from Robinhood into a cryptocurrency brokerage account?

1 answers

• Dec 15, 2021 · 3 years ago
  When it comes to depositing funds from Robinhood into a cryptocurrency brokerage account, you have a few options at your disposal. One common method is to use a bank transfer. By linking your bank account to both Robinhood and the cryptocurrency brokerage account, you can easily transfer funds between the two platforms. Another option is to initiate a wire transfer, which is generally faster but may come with higher fees. It's important to note that each cryptocurrency brokerage may have its own specific instructions for wire transfers, so it's best to reach out to them directly for guidance. Additionally, some cryptocurrency brokerages may also accept deposits via credit or debit card, although there may be limitations or fees associated with this option. To get the most accurate and up-to-date information on deposit options, fees, and limitations, it's recommended to contact both Robinhood and the cryptocurrency brokerage account.
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