What are the steps to buy Bitcoin or other cryptocurrencies with options on Robinhood?

1 answers

• Dec 15, 2021 · 3 years ago
  Certainly! Here's a step-by-step guide to buying Bitcoin or other cryptocurrencies with options on Robinhood: 1. Download the Robinhood app and create an account. 2. Complete the verification process by providing the required information. 3. Deposit funds into your Robinhood account. 4. Open the app and search for the cryptocurrency you want to buy. 5. Select the 'Options' tab and choose the specific option contract. 6. Review the contract details, including the strike price and expiration date. 7. Enter the quantity of options you want to buy and tap 'Buy'. 8. Confirm the order and wait for the transaction to be processed. 9. Keep track of your investment using the app. That's all there is to it! Enjoy trading cryptocurrencies with options on Robinhood.
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