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What are the steps to get margin on Robinhood for cryptocurrency trading?

avatarEdoardo ColomboDec 18, 2021 · 3 years ago1 answers

Can you explain the steps to enable margin trading on Robinhood for cryptocurrency?

What are the steps to get margin on Robinhood for cryptocurrency trading?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    Getting margin on Robinhood for cryptocurrency trading is easy! Just follow these steps: 1. Open the Robinhood app and log in to your account. 2. Tap on the 'Account' tab at the bottom of the screen. 3. Scroll down and select 'Settings'. 4. Look for the 'Investing' section and choose 'Margin Investing'. 5. Review and accept the Margin Agreement. 6. Deposit funds into your account to meet the minimum margin requirements. 7. Once your funds are deposited, you can start trading with margin. Keep in mind that margin trading involves additional risks, so it's important to understand the terms and manage your risk accordingly.