Questions tagged [robinhood]

Lorenzo Mon May 13 2024 | 5 answers 1136

I'm just getting started in the cryptocurrency world and Robinhood seems to be a popular platform for investing. But I'm a bit confused about whether I can buy Bitcoin on Robinhood or not. I've heard some people saying they do, but also some mentioning limitations or restrictions. Could you please clarify this for me? I'm particularly interested in understanding if Robinhood allows direct ownership of Bitcoin, or if it's just a derivative product or some sort of cash-settled contract. Also, if there are any specific steps or requirements I need to follow to buy Bitcoin on Robinhood, I'd really appreciate it if you could outline them for me. Thank you in advance for your help!