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What are the steps to turn off margin trading on Robinhood for cryptocurrencies?

avatarFahima FahimDec 27, 2021 · 3 years ago3 answers

I would like to know the detailed steps to disable margin trading for cryptocurrencies on the Robinhood platform. Can you please provide a step-by-step guide on how to turn off margin trading for cryptocurrencies?

What are the steps to turn off margin trading on Robinhood for cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    To turn off margin trading on Robinhood for cryptocurrencies, follow these steps: 1. Open the Robinhood app on your mobile device. 2. Tap on the 'Account' tab at the bottom right corner of the screen. 3. Scroll down and select 'Settings'. 4. Under the 'Investing' section, tap on 'Margin Investing'. 5. Toggle the 'Margin Investing' switch to the off position. 6. A confirmation message will appear. Tap on 'Turn Off' to confirm. By following these steps, you will successfully disable margin trading for cryptocurrencies on Robinhood.
  • avatarDec 27, 2021 · 3 years ago
    Sure, here's how you can turn off margin trading for cryptocurrencies on Robinhood: 1. Launch the Robinhood app on your smartphone. 2. Go to the 'Account' tab located at the bottom right of the screen. 3. Scroll down and tap on 'Settings'. 4. Look for the 'Investing' section and select 'Margin Investing'. 5. Simply toggle the switch to disable margin trading for cryptocurrencies. 6. Confirm your action by tapping on 'Turn Off'. That's it! You have now successfully turned off margin trading for cryptocurrencies on Robinhood.
  • avatarDec 27, 2021 · 3 years ago
    To disable margin trading for cryptocurrencies on Robinhood, you can follow these steps: 1. Open the Robinhood app on your mobile device. 2. Tap on the 'Account' tab located at the bottom right corner. 3. Scroll down and select 'Settings'. 4. Under the 'Investing' section, tap on 'Margin Investing'. 5. Toggle the switch to turn off margin trading for cryptocurrencies. 6. Confirm your decision by tapping on 'Turn Off'. Following these steps will help you disable margin trading for cryptocurrencies on Robinhood. Please note that BYDFi also provides a similar feature to turn off margin trading for cryptocurrencies.