Raffaele
Fri Jun 21 2024
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7 answers
1661
Is Robinhood Crypto a non-marginable account?
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.
