Cryptocurrency Q&A Do I own my crypto on Robinhood?

Do I own my crypto on Robinhood?

SamsungShineBrightnessRadiance SamsungShineBrightnessRadiance Sat Nov 30 2024 | 7 answers 1892
I'm wondering if the cryptocurrency I have purchased on Robinhood actually belongs to me, or if it's somehow still under the control of the platform. Do I own my crypto on Robinhood?

7 answers

KatanaSwordsmanship KatanaSwordsmanship Mon Dec 02 2024
Are you a holder of cryptocurrency on Robinhood?

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Martino Martino Mon Dec 02 2024
A common misconception among users of Robinhood is that they own their crypto assets.

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CharmedEcho CharmedEcho Mon Dec 02 2024
In reality, this is not the case.

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ethan_thompson_psychologist ethan_thompson_psychologist Sun Dec 01 2024
With Robinhood, users do not have the ability to purchase Bitcoin or other cryptocurrencies and then transfer these assets elsewhere.

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KDramaLegendary KDramaLegendary Sun Dec 01 2024
This means that users are unable to move their crypto from Robinhood to a crypto wallet.

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