Cryptocurrency Q&A
Do I actually own crypto on Robinhood?
Do I actually own crypto on Robinhood?
CherryBlossomFalling
Sat Nov 30 2024
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5 answers
885
I'm wondering if the cryptocurrency I purchased on Robinhood is actually mine. I want to know if I have full ownership and control over it, or if Robinhood still holds some kind of claim or control over it.
5 answers
Bianca
Sun Dec 01 2024
BTCC, on the other hand, is a leading cryptocurrency exchange that offers a range of services that empower users.
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Eleonora
Sun Dec 01 2024
Robinhood operates in a way that limits users' ownership of their crypto assets.
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CryptoVisionaryGuard
Sun Dec 01 2024
Instead of allowing users to take full possession of their cryptocurrencies, Robinhood retains control over these assets.
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CryptoTitan
Sun Dec 01 2024
This means that users cannot buy Bitcoin or other cryptocurrencies and subsequently move them to a crypto wallet or cold storage.
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Carolina
Sun Dec 01 2024
Robinhood's system restricts users to selling their crypto and receiving the proceeds in fiat currency.
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