What are the custodial account options available on Robinhood for cryptocurrencies?

3 answers

• Dec 27, 2021 · 3 years ago
  Sure! Robinhood offers two types of custodial accounts for cryptocurrencies: Robinhood Crypto and Robinhood Crypto Gold. With Robinhood Crypto, you can buy, sell, and hold cryptocurrencies without any additional fees. However, you won't have access to instant deposits or extended trading hours. On the other hand, Robinhood Crypto Gold is a premium subscription plan that costs $5 per month. With Crypto Gold, you get access to features like instant deposits, extended trading hours, and the ability to trade on margin. It's important to note that both accounts are custodial, meaning Robinhood holds your cryptocurrencies on your behalf.
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• Dec 27, 2021 · 3 years ago
  The custodial account options available on Robinhood for cryptocurrencies are Robinhood Crypto and Robinhood Crypto Gold. Robinhood Crypto is the basic account that allows you to buy, sell, and hold cryptocurrencies without any additional fees. However, you won't have access to instant deposits or extended trading hours. On the other hand, Robinhood Crypto Gold is a premium subscription plan that costs $5 per month. With Crypto Gold, you get access to features like instant deposits, extended trading hours, and the ability to trade on margin. It's important to carefully consider your trading needs and preferences before choosing an account.
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• Dec 27, 2021 · 3 years ago
  When it comes to custodial account options for cryptocurrencies on Robinhood, you have two choices: Robinhood Crypto and Robinhood Crypto Gold. Robinhood Crypto is the standard account that allows you to buy, sell, and hold cryptocurrencies without any additional fees. However, you won't have access to instant deposits or extended trading hours. On the other hand, Robinhood Crypto Gold is a premium subscription plan that costs $5 per month. With Crypto Gold, you get access to features like instant deposits, extended trading hours, and the ability to trade on margin. It's important to carefully evaluate your trading needs and goals to determine which account option is right for you.
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