Cryptocurrency Q&A
Is Robinhood Crypto a non-marginable account?
Is Robinhood Crypto a non-marginable account?
Raffaele
Fri Jun 21 2024
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7 answers
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As a cryptocurrency enthusiast and investor, I've been hearing a lot about Robinhood Crypto recently. However, I'm still a bit unclear about certain aspects of their platform. Specifically, I'm wondering if Robinhood Crypto offers non-marginable accounts. Could you elaborate on this? I understand that margin trading involves borrowing funds to increase one's position size, but I'm interested in a more traditional, non-leveraged trading experience. Is this possible with Robinhood Crypto? If so, how does one set up such an account? And are there any specific benefits or drawbacks to doing so? I'd appreciate your insight on this matter.
7 answers
Eleonora
Sun Jun 23 2024
In other words, your crypto holdings must be fully funded by cash deposits.
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EchoSolitude
Sun Jun 23 2024
In the realm of digital asset management, the distinction between account types is crucial.
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Maria
Sun Jun 23 2024
When it comes to Robinhood Crypto, your crypto assets are held separately from your Robinhood Financial account.
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EclipseChaser
Sun Jun 23 2024
This segregation ensures that your cryptocurrencies are treated as non-marginable assets.
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Giovanni
Sun Jun 23 2024
With a maintenance requirement of 100%, this signifies a strict cash-backed system.
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