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What are the steps to open a custodial account for cryptocurrencies on Robinhood?

avatarbwallisDec 26, 2021 · 3 years ago3 answers

Can you guide me through the process of opening a custodial account for cryptocurrencies on Robinhood?

What are the steps to open a custodial account for cryptocurrencies on Robinhood?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Opening a custodial account for cryptocurrencies on Robinhood is a simple process. First, download the Robinhood app from the App Store or Google Play Store. Then, sign up for an account by providing your personal information and completing the verification process. Once your account is set up, navigate to the 'Investing' tab and select 'Cryptocurrencies'. From there, you can choose 'Open an Account' and follow the prompts to set up your custodial account. It's important to note that custodial accounts on Robinhood are only available to users who are 18 years or older.
  • avatarDec 26, 2021 · 3 years ago
    No worries! Opening a custodial account for cryptocurrencies on Robinhood is a breeze. Just download the Robinhood app, create an account, and complete the verification process. Once you're in, go to the 'Investing' tab, select 'Cryptocurrencies', and click on 'Open an Account'. Follow the instructions, and voila! You'll have your custodial account ready to go. Remember, you need to be at least 18 years old to open a custodial account on Robinhood.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Opening a custodial account for cryptocurrencies on Robinhood is a straightforward process. Start by downloading the Robinhood app and signing up for an account. Once you're in, go to the 'Investing' tab and choose 'Cryptocurrencies'. From there, click on 'Open an Account' and follow the on-screen instructions. It's worth mentioning that custodial accounts on Robinhood are only available to users who are 18 years or older. If you have any issues during the process, don't hesitate to reach out to Robinhood's customer support for assistance.