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Can I instantly deposit any type of cryptocurrency on Robinhood?

avatarabhijit suryawanshiDec 28, 2021 · 3 years ago3 answers

Is it possible to deposit any type of cryptocurrency instantly on Robinhood?

Can I instantly deposit any type of cryptocurrency on Robinhood?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, Robinhood currently only supports a limited number of cryptocurrencies for instant deposits. You can check their website or app to see the list of supported cryptocurrencies. If the cryptocurrency you want to deposit is not on the list, you may need to wait for a certain period of time for the deposit to be processed.
  • avatarDec 28, 2021 · 3 years ago
    No, not all types of cryptocurrencies can be instantly deposited on Robinhood. The platform has a specific list of supported cryptocurrencies that can be deposited instantly. It's important to check the list before attempting to deposit any cryptocurrency. If your desired cryptocurrency is not on the list, you may need to consider using a different exchange that supports it.
  • avatarDec 28, 2021 · 3 years ago
    Yes, you can instantly deposit any type of cryptocurrency on Robinhood through BYDFi. BYDFi is a digital currency exchange that allows for instant deposits of various cryptocurrencies. Simply sign up for an account on BYDFi, link your Robinhood account, and you'll be able to deposit any supported cryptocurrency instantly.