Cryptocurrency Q&A
Do I lose my crypto if Robinhood goes under?
Do I lose my crypto if Robinhood goes under?
Sara
Mon Dec 30 2024
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5 answers
1059
I'm concerned about the safety of my cryptocurrency investments on Robinhood. Specifically, I want to know if I will lose my crypto assets if Robinhood goes bankrupt or ceases to operate.
5 answers
Bianca
Tue Dec 31 2024
Robinhood holds membership with the Securities Investor Protection Corporation (SIPC).
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Eleonora
Tue Dec 31 2024
This safeguard ensures that in the event of Robinhood's insolvency, investors' funds and investments are safeguarded up to the aforementioned limits.
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CryptoAce
Tue Dec 31 2024
The SIPC offers protection for investors' securities, including stocks and bonds, as well as cash.
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JejuJoy
Tue Dec 31 2024
The coverage provided by SIPC extends up to a maximum of $500,000 per investor.
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Riccardo
Tue Dec 31 2024
Within this $500,000 limit, there is a specific cash protection limit of $250,001.
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