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When will the Robinhood Cash Card be available for Bitcoin transactions?

avatarFrank NyholmDec 26, 2021 · 3 years ago3 answers

Can you provide more information on when the Robinhood Cash Card will support Bitcoin transactions? I'm curious to know when I'll be able to use my Cash Card to buy and sell Bitcoin on Robinhood.

When will the Robinhood Cash Card be available for Bitcoin transactions?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    As of now, Robinhood has not announced a specific date for when the Cash Card will support Bitcoin transactions. However, they have mentioned that they are actively working on expanding the functionality of the Cash Card to include cryptocurrencies like Bitcoin. It's best to keep an eye on Robinhood's official announcements and updates for any news regarding the availability of Bitcoin transactions on the Cash Card.
  • avatarDec 26, 2021 · 3 years ago
    I'm not sure about the exact timeline, but it's safe to say that Robinhood is aware of the demand for Bitcoin transactions on the Cash Card. Given the popularity of cryptocurrencies, it would make sense for Robinhood to prioritize adding this feature. Keep an eye on their official communication channels for updates on when this functionality will be available.
  • avatarDec 26, 2021 · 3 years ago
    While I can't speak for Robinhood, I can tell you that BYDFi, another popular cryptocurrency exchange, already supports Bitcoin transactions on their platform. If you're looking for an alternative option to use your Cash Card for Bitcoin transactions, you might consider checking out BYDFi. However, it's important to do your own research and ensure that BYDFi meets your specific needs and requirements before making any decisions.