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Is robinhood safe for crypto reddit

Written by Bella Sep 17, 2021 ยท 6 min read
Is robinhood safe for crypto reddit

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Is Robinhood Safe For Crypto Reddit. Robinhood definitely introduced crypto to a lot of people because it allows for newbies to easily trade them without opening another exchange. On Robinhood you can buy and sell crypto and thats it but no fees. To me Robinhood feels safer. No you cant buy or hold crypto on Robinhood.


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Currently I have a lot invested on Coinbase and already use Robinhood for stocks but not crypto. You buy a crypto IOU that mimics the price of the asset. If you want to own BTC the coin to transfer then coinbase. On a crypto exchange you can buy crypto and that crypto is stored in a wallet. My question is if I should look to cash out on Coinbase and buy on Robinhood. Robinhood definitely introduced crypto to a lot of people because it allows for newbies to easily trade them without opening another exchange.

On a crypto exchange you can buy crypto and that crypto is stored in a wallet.

If you want to own BTC like a stock then robinhood. You buy a crypto IOU that mimics the price of the asset. To me Robinhood feels safer. Since you cant widthraw the crypto you never really own them. And its as safe. My question is if I should look to cash out on Coinbase and buy on Robinhood.


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On a crypto exchange you can buy crypto and that crypto is stored in a wallet. If you want to own BTC the coin to transfer then coinbase. No you cant buy or hold crypto on Robinhood. Robinhood definitely introduced crypto to a lot of people because it allows for newbies to easily trade them without opening another exchange. You buy a crypto IOU that mimics the price of the asset.

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Since you cant widthraw the crypto you never really own them. And its as safe. However I would recommend people to still open a crypto exchange because you do not own your crypto and cannot transfer it to another wallet for safe keeping. Since you cant widthraw the crypto you never really own them. Also obligatory fuck Robinhood.

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Currently I have a lot invested on Coinbase and already use Robinhood for stocks but not crypto. If you want to own BTC the coin to transfer then coinbase. Robinhood definitely introduced crypto to a lot of people because it allows for newbies to easily trade them without opening another exchange. However I would recommend people to still open a crypto exchange because you do not own your crypto and cannot transfer it to another wallet for safe keeping. So it just stays on robinhood and you can buy and sell.

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You cant add or withdraw cryptocurrency into other wallets. So it just stays on robinhood and you can buy and sell. From there you can do many things such as sell it convert it into another crypto or transfer the crypto. No you cant buy or hold crypto on Robinhood. My question is if I should look to cash out on Coinbase and buy on Robinhood.

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Currently I have a lot invested on Coinbase and already use Robinhood for stocks but not crypto. Since you cant widthraw the crypto you never really own them. On Robinhood you can buy and sell crypto and thats it but no fees. So it just stays on robinhood and you can buy and sell. If you want to own BTC the coin to transfer then coinbase.

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Robinhood definitely introduced crypto to a lot of people because it allows for newbies to easily trade them without opening another exchange. Also obligatory fuck Robinhood. You buy a crypto IOU that mimics the price of the asset. From there you can do many things such as sell it convert it into another crypto or transfer the crypto. If you want to own BTC like a stock then robinhood.

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Robinhood definitely introduced crypto to a lot of people because it allows for newbies to easily trade them without opening another exchange. So it just stays on robinhood and you can buy and sell. You cant add or withdraw cryptocurrency into other wallets. If you want to own BTC the coin to transfer then coinbase. Currently I have a lot invested on Coinbase and already use Robinhood for stocks but not crypto.

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However I would recommend people to still open a crypto exchange because you do not own your crypto and cannot transfer it to another wallet for safe keeping. You buy a crypto IOU that mimics the price of the asset. However I would recommend people to still open a crypto exchange because you do not own your crypto and cannot transfer it to another wallet for safe keeping. My question is if I should look to cash out on Coinbase and buy on Robinhood. On a crypto exchange you can buy crypto and that crypto is stored in a wallet.

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No you cant buy or hold crypto on Robinhood. Robinhood definitely introduced crypto to a lot of people because it allows for newbies to easily trade them without opening another exchange. My question is if I should look to cash out on Coinbase and buy on Robinhood. If you want to own BTC the coin to transfer then coinbase. No you cant buy or hold crypto on Robinhood.

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If you want to own BTC like a stock then robinhood. Since you cant widthraw the crypto you never really own them. So it just stays on robinhood and you can buy and sell. On a crypto exchange you can buy crypto and that crypto is stored in a wallet. And its as safe.

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If you want to own BTC the coin to transfer then coinbase. From there you can do many things such as sell it convert it into another crypto or transfer the crypto. You cant add or withdraw cryptocurrency into other wallets. And its as safe. To me Robinhood feels safer.


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