What are the steps to get margin on Robinhood for cryptocurrency trading?
Edoardo ColomboDec 18, 2021 · 3 years ago1 answers
Can you explain the steps to enable margin trading on Robinhood for cryptocurrency?
1 answers
- Dec 18, 2021 · 3 years agoGetting 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.
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