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How can I trade cryptocurrencies on Robinhood during their downtime?

avatarLeonel TerolliDec 27, 2021 · 3 years ago3 answers

During downtime on Robinhood, how can I continue trading cryptocurrencies?

How can I trade cryptocurrencies on Robinhood during their downtime?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    During downtime on Robinhood, you can still trade cryptocurrencies by using other cryptocurrency exchanges. There are many reputable exchanges available, such as Binance, Coinbase, and Kraken. Simply create an account on one of these exchanges, deposit your desired cryptocurrency, and start trading. Keep in mind that each exchange may have different trading fees and features, so it's important to do your research before choosing one.
  • avatarDec 27, 2021 · 3 years ago
    If Robinhood is experiencing downtime and you want to continue trading cryptocurrencies, you can consider using decentralized exchanges (DEX). DEX platforms like Uniswap and SushiSwap allow you to trade cryptocurrencies directly from your wallet, without relying on a centralized exchange. However, be aware that DEX platforms may have higher transaction fees and less liquidity compared to centralized exchanges.
  • avatarDec 27, 2021 · 3 years ago
    During downtime on Robinhood, you can try using BYDFi, a reliable cryptocurrency exchange. BYDFi offers a user-friendly interface and a wide range of cryptocurrencies to trade. Simply create an account, deposit your desired cryptocurrency, and start trading. BYDFi also provides advanced trading features and security measures to ensure a smooth trading experience.