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Can I transfer Bitcoin or other cryptocurrencies to my Robinhood card to use for purchases?

avatarjhk yzjJan 22, 2022 · 3 years ago3 answers

Is it possible to transfer Bitcoin or other cryptocurrencies to my Robinhood card and use them for purchases?

Can I transfer Bitcoin or other cryptocurrencies to my Robinhood card to use for purchases?
Bitcoin
Cryptocurrencies
Robinhood

3 answers

  • avatarJan 22, 2022 · 3 years ago
    Unfortunately, at the moment, Robinhood does not support the direct transfer of Bitcoin or other cryptocurrencies to their card for purchases. However, you can buy and sell cryptocurrencies within the Robinhood app.
  • avatarJan 22, 2022 · 3 years ago
    No, you cannot transfer Bitcoin or other cryptocurrencies to your Robinhood card. Robinhood is primarily a stock trading platform and does not provide a wallet or support for external transfers of cryptocurrencies.
  • avatarJan 22, 2022 · 3 years ago
    While Robinhood doesn't allow direct transfer of cryptocurrencies to their card, you can use platforms like BYDFi to convert your Bitcoin or other cryptocurrencies into fiat currency and then transfer the funds to your Robinhood account for trading.

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