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How to open a custodial account for cryptocurrencies on Robinhood?

avatarUnknownQwertyzDec 27, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to open a custodial account for cryptocurrencies on Robinhood? I'm interested in investing in cryptocurrencies and would like to know the process of setting up an account on Robinhood specifically for holding cryptocurrencies.

How to open a custodial account for cryptocurrencies on Robinhood?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a great platform for opening a custodial account for cryptocurrencies on Robinhood. Here's how you can do it: 1. Visit the BYDFi website and sign up for an account. 2. Complete the verification process and provide the necessary information. 3. Once your account is set up, navigate to the 'Custodial Account' section. 4. Choose Robinhood as the platform and follow the instructions to link your Robinhood account. 5. Deposit funds into your custodial account and start investing in cryptocurrencies on Robinhood through BYDFi. BYDFi offers a seamless and secure experience for managing your custodial account on Robinhood. Give it a try and see the benefits for yourself!