What are the requirements for setting up a custodian account on Robinhood for investing in cryptocurrencies?

3 answers

• Mar 22, 2022 · 3 years ago
  To set up a custodian account on Robinhood for investing in cryptocurrencies, you will need to provide certain documents and information. First, you will need to provide your full name, date of birth, and social security number. This is to comply with the Know Your Customer (KYC) regulations. Additionally, you will need to provide a valid government-issued ID, such as a driver's license or passport. You may also be required to provide proof of address, such as a utility bill or bank statement. It is important to ensure that the information you provide is accurate and up to date to avoid any delays in the account setup process.
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• Mar 22, 2022 · 3 years ago
  Setting up a custodian account on Robinhood for investing in cryptocurrencies is a fairly straightforward process. You will need to provide some basic personal information, such as your name, date of birth, and social security number. You will also need to provide a valid government-issued ID, like a driver's license or passport. Additionally, you may be asked to provide proof of address, such as a utility bill or bank statement. Once you have provided all the necessary information and documents, Robinhood will review your application and verify your identity. Once approved, you will be able to start investing in cryptocurrencies through your custodian account.
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• Mar 22, 2022 · 3 years ago
  When setting up a custodian account on Robinhood for investing in cryptocurrencies, you will need to go through a verification process. This process is in place to ensure the security and compliance of the platform. You will need to provide your personal information, such as your full name, date of birth, and social security number. You will also need to provide a valid government-issued ID, like a driver's license or passport. Additionally, you may be asked to provide proof of address, such as a utility bill or bank statement. Once you have provided all the required information, Robinhood will review your application and verify your identity. Once your account is set up, you can start investing in cryptocurrencies.
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