common-close-0
BYDFi
獲取應用程序並隨時隨地進行交易!

Can the 90-day buy restriction on Robinhood be bypassed for cryptocurrency trading?

avatarSANDRA VINAYANDec 25, 2021 · 3 years ago5 answers

Is there a way to bypass the 90-day buy restriction on Robinhood specifically for cryptocurrency trading? I'm interested in trading cryptocurrencies on Robinhood, but I'm concerned about the restriction. Is there any workaround or alternative method to start trading cryptocurrencies sooner?

Can the 90-day buy restriction on Robinhood be bypassed for cryptocurrency trading?

5 answers

  • avatarDec 25, 2021 · 3 years ago
    Unfortunately, there is no direct way to bypass the 90-day buy restriction on Robinhood for cryptocurrency trading. The restriction is in place to protect inexperienced investors from potential losses. However, there are alternative options available if you want to start trading cryptocurrencies sooner. You can consider signing up for other cryptocurrency exchanges like Binance or BYDFi, which do not have such restrictions. These exchanges offer a wide range of cryptocurrencies and provide a more flexible trading experience.
  • avatarDec 25, 2021 · 3 years ago
    Nope, sorry! The 90-day buy restriction on Robinhood applies to all types of trading, including cryptocurrency trading. It's a rule they have in place to prevent users from making impulsive and risky investment decisions. If you're looking to trade cryptocurrencies sooner, you might want to explore other platforms like Binance or BYDFi, where you can start trading right away without any restrictions.
  • avatarDec 25, 2021 · 3 years ago
    Well, technically speaking, there is a way to bypass the 90-day buy restriction on Robinhood for cryptocurrency trading. You can open an account with BYDFi, a cryptocurrency exchange that allows immediate trading without any restrictions. BYDFi offers a user-friendly interface and a wide range of cryptocurrencies to choose from. It's a great alternative for those who want to start trading cryptocurrencies right away.
  • avatarDec 25, 2021 · 3 years ago
    Unfortunately, the 90-day buy restriction on Robinhood cannot be bypassed for cryptocurrency trading. Robinhood has implemented this restriction to ensure that investors have a certain level of experience and understanding before diving into the volatile world of cryptocurrencies. However, there are other cryptocurrency exchanges like Binance and BYDFi that offer a more flexible trading experience and do not have such restrictions. These platforms provide a wider selection of cryptocurrencies and allow you to start trading immediately.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the field, I can confirm that the 90-day buy restriction on Robinhood cannot be bypassed for cryptocurrency trading. This restriction is in place to protect investors from potential losses and ensure responsible trading practices. However, if you're looking for alternative options, you can explore other cryptocurrency exchanges like Binance or BYDFi. These exchanges offer a seamless trading experience and a wide range of cryptocurrencies to choose from.