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What are the requirements to qualify for level 3 trading on Robinhood for digital assets?

avatarClay ShackelfordDec 26, 2021 · 3 years ago3 answers

Can you please provide me with the detailed requirements to qualify for level 3 trading on Robinhood for digital assets? I am interested in understanding the criteria and steps involved in reaching this level of trading on the platform.

What are the requirements to qualify for level 3 trading on Robinhood for digital assets?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    To qualify for level 3 trading on Robinhood for digital assets, you need to meet certain criteria. Firstly, you must have a Robinhood account and be at least 18 years old. Additionally, you need to have a valid Social Security number or Individual Taxpayer Identification Number (ITIN). You must also have a residential address within the United States. Finally, you need to have a minimum account balance of $25,000. Once you meet these requirements, you can apply for level 3 trading on Robinhood for digital assets.
  • avatarDec 26, 2021 · 3 years ago
    Becoming eligible for level 3 trading on Robinhood for digital assets involves fulfilling specific prerequisites. These include having a Robinhood account, being of legal age, and possessing a valid Social Security number or ITIN. Furthermore, you must reside in the United States and maintain a minimum account balance of $25,000. Once you satisfy these conditions, you can proceed with the application process for level 3 trading on Robinhood for digital assets.
  • avatarDec 26, 2021 · 3 years ago
    To qualify for level 3 trading on Robinhood for digital assets, you need to meet the following requirements: 1. Have a Robinhood account. 2. Be at least 18 years old. 3. Possess a valid Social Security number or ITIN. 4. Have a residential address within the United States. 5. Maintain a minimum account balance of $25,000. Once you fulfill these criteria, you can apply for level 3 trading on Robinhood for digital assets. Please note that meeting these requirements does not guarantee approval, as Robinhood reserves the right to evaluate applications on a case-by-case basis.