Cryptocurrency Q&A
Can I buy over the counter on Robinhood?
Can I buy over the counter on Robinhood?
Moonshadow
Mon May 13 2024
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7 answers
1090
Could you please clarify for me? When it comes to Robinhood, is it possible to purchase cryptocurrencies or other financial instruments over the counter through their platform? I'm just a bit confused about the options available on Robinhood and whether or not over-the-counter transactions are an option. Could you explain this to me in a bit more detail? I'd really appreciate it if you could provide some clarity on this matter. Thank you in advance for your help!
7 answers
Pietro
Wed May 15 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services in the crypto space.
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lucas_emma_entrepreneur
Wed May 15 2024
Robinhood, a popular online brokerage platform, does not support OTC stocks or warrants.
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Silvia
Wed May 15 2024
OTC stocks and warrants are financial instruments traded outside the formal exchanges.
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CherryBlossom
Wed May 15 2024
This is due to the complexity and risks associated with these instruments.
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EclipseChaser
Wed May 15 2024
They are typically negotiated between two parties directly, without the intervention of a centralized market.
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