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

Do I own my crypto in Robinhood?

CryptoPioneer CryptoPioneer Thu Jan 16 2025 | 6 answers 1165
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. Do I own my crypto in Robinhood?

6 answers

Federico Federico Sat Jan 18 2025
The question often arises whether one truly owns their cryptocurrency or merely gains exposure to its price fluctuations.

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Bianca 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.

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KimonoElegance KimonoElegance Sat Jan 18 2025
As the legal owner, you are entitled to all the rights and privileges associated with owning the crypto.

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CryptoSavant CryptoSavant Sat Jan 18 2025
This includes the ability to benefit from any appreciation in the value of the cryptocurrency.

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KimchiQueen KimchiQueen Fri Jan 17 2025
Similarly, you are also responsible for any depreciation in the value of your crypto holdings.

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