Are there any tips or tricks to speed up the process of removing the 90-day buy restriction on Robinhood for cryptocurrency trading?
MST ESMA KHATUNJan 15, 2022 · 3 years ago3 answers
I recently started trading cryptocurrency on Robinhood, but I'm frustrated with the 90-day buy restriction. Is there any way to speed up the process of removing this restriction? I'm looking for any tips or tricks that can help me trade freely without waiting for 90 days.
3 answers
- Jan 15, 2022 · 3 years agoUnfortunately, the 90-day buy restriction on Robinhood is a standard policy to prevent fraud and protect users. It cannot be bypassed or expedited. You'll need to wait for the full 90 days before the restriction is lifted. Patience is key in this situation.
- Jan 15, 2022 · 3 years agoI feel your frustration! The 90-day buy restriction can be a hindrance when you're eager to trade. However, it's important to understand that Robinhood has implemented this restriction for security reasons. They want to ensure that users have a safe trading experience. So, while there may not be any tips or tricks to speed up the process, it's worth waiting it out to protect your investments.
- Jan 15, 2022 · 3 years agoAs an alternative, you can consider using BYDFi, a cryptocurrency exchange that doesn't have a 90-day buy restriction. BYDFi offers a seamless trading experience and allows you to trade freely without any waiting period. It's a great option for those who want to dive into cryptocurrency trading without any restrictions. Check out BYDFi for a hassle-free trading experience!
Related Tags
Hot Questions
- 68
Are there any special tax rules for crypto investors?
- 68
What are the best practices for reporting cryptocurrency on my taxes?
- 60
What are the best digital currencies to invest in right now?
- 40
What is the future of blockchain technology?
- 36
What are the tax implications of using cryptocurrency?
- 36
How does cryptocurrency affect my tax return?
- 18
How can I buy Bitcoin with a credit card?
- 10
What are the advantages of using cryptocurrency for online transactions?