I'm wondering if the cryptocurrencies I purchased through Robinhood are actually mine. I've heard mixed opinions on this and would like to know if I have full ownership of my crypto assets in Robinhood.
6 answers
Federico
Sat Jan 18 2025
The question often arises whether one truly owns their cryptocurrency or merely gains exposure to its price fluctuations.
Bianca
Sat Jan 18 2025
When you make a purchase of crypto through Robinhood, the platform recognizes you as the legal owner of the digital asset.
KimonoElegance
Sat Jan 18 2025
As the legal owner, you are entitled to all the rights and privileges associated with owning the crypto.
CryptoSavant
Sat Jan 18 2025
This includes the ability to benefit from any appreciation in the value of the cryptocurrency.
KimchiQueen
Fri Jan 17 2025
Similarly, you are also responsible for any depreciation in the value of your crypto holdings.