How can I open a custodial account for cryptocurrencies on Robinhood?
MaazDec 27, 2021 · 3 years ago1 answers
I'm interested in opening a custodial account for cryptocurrencies on Robinhood. Can you guide me through the process? What are the requirements and steps involved?
1 answers
- Dec 27, 2021 · 3 years agoTo open a custodial account for cryptocurrencies on Robinhood, you can follow these steps: 1. Download the Robinhood app from the App Store or Google Play. 2. Sign up for an account and complete the verification process. 3. Once your account is set up, navigate to the 'Accounts' section. 4. Select 'Add a New Account' and choose the 'Custodial' option. 5. Provide the necessary information and agree to the terms and conditions. 6. Verify your identity if prompted. 7. Congratulations! You now have a custodial account for cryptocurrencies on Robinhood. Remember, custodial accounts are intended for parents or legal guardians to manage investments for minors.
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