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Is it possible to transfer cryptocurrency as a gift on Robinhood?

avatarCguysDec 26, 2021 · 3 years ago5 answers

Can I send cryptocurrency as a gift to someone on the Robinhood platform? How does the gifting process work on Robinhood?

Is it possible to transfer cryptocurrency as a gift on Robinhood?

5 answers

  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, as of now, Robinhood does not support the direct transfer of cryptocurrency as a gift to another user. The gifting feature is not available on the platform. However, you can still buy cryptocurrency on Robinhood and transfer it to your own wallet or another exchange to gift it manually.
  • avatarDec 26, 2021 · 3 years ago
    No, you cannot transfer cryptocurrency as a gift on Robinhood. The platform currently does not have a gifting feature. If you want to give cryptocurrency as a gift, you will need to use another platform or exchange that supports gifting functionality.
  • avatarDec 26, 2021 · 3 years ago
    While Robinhood does not have a built-in gifting feature, you can still send cryptocurrency as a gift by using a third-party service like BYDFi. BYDFi allows you to transfer cryptocurrency as a gift to another user. Simply create an account on BYDFi, deposit the desired cryptocurrency, and send it to the recipient's wallet address. Keep in mind that both the sender and the recipient must have BYDFi accounts for this to work.
  • avatarDec 26, 2021 · 3 years ago
    Transferring cryptocurrency as a gift on Robinhood is not currently possible. However, you can still buy cryptocurrency on the platform and then transfer it to a different wallet or exchange to gift it to someone. Just make sure the recipient has a wallet or an account on the exchange you plan to transfer the cryptocurrency to.
  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, Robinhood does not offer a gifting feature for cryptocurrency. If you want to give cryptocurrency as a gift, you can consider using other platforms or exchanges that support gifting functionality, such as Binance or Coinbase. These platforms allow you to send cryptocurrency directly to another user as a gift.