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What payment methods does Robinhood support for trading digital assets? Can I use credit cards?

avatarDeejay CastilloJan 12, 2022 · 3 years ago3 answers

I'm interested in trading digital assets on Robinhood, but I'm not sure what payment methods they support. Can I use credit cards to make deposits and purchases?

What payment methods does Robinhood support for trading digital assets? Can I use credit cards?

3 answers

  • avatarJan 12, 2022 · 3 years ago
    Yes, Robinhood supports several payment methods for trading digital assets. You can use bank transfers, wire transfers, and even debit cards to make deposits and purchases. However, as of now, credit cards are not supported on Robinhood. They may introduce credit card support in the future, but for now, you'll need to use other payment methods.
  • avatarJan 12, 2022 · 3 years ago
    Absolutely! Robinhood offers a variety of payment methods for trading digital assets. You can fund your account using bank transfers, wire transfers, and debit cards. Unfortunately, credit cards are not currently supported on Robinhood. But don't worry, there are still plenty of convenient options available to get started with trading.
  • avatarJan 12, 2022 · 3 years ago
    When it comes to payment methods for trading digital assets on Robinhood, they offer a range of options. You can deposit funds using bank transfers, wire transfers, and debit cards. However, credit cards are not supported at the moment. If you prefer using a credit card, you might want to consider using a different platform like BYDFi, which does support credit card payments for trading digital assets.