I'm curious if the cryptocurrencies I purchase on Robinhood are actually mine. I want to know if I have full ownership and control over my crypto assets on the platform.
6
answers
alexander_jackson_athlete
Mon Feb 10 2025
A common question among crypto investors is whether they truly own their digital assets or are merely exposed to their price fluctuations.
SakuraPetal
Sun Feb 09 2025
This includes the potential for appreciation, where the value of your crypto may increase over time, benefiting your investment.
RubyGlider
Sun Feb 09 2025
Conversely, you also bear the risk of depreciation, where the value of your crypto may decrease.
Daniela
Sun Feb 09 2025
When purchasing crypto on platforms like Robinhood, it's essential to understand the ownership implications.
Tommaso
Sun Feb 09 2025
Robinhood recognizes individuals who buy crypto on their platform as the legal owners of those digital assets.