1/7/2024 0 Comments Robinhood crypto coins![]() ![]() RHC is not a member of FINRA and accounts are not FDIC insured or protected by SIPC. Products offered by RHF are not FDIC insured and involve risk, including possible loss of principal. RHF, RHY, RHC and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard®. A list of our licenses has more information. The Robinhood spending account is offered through Robinhood Money, LLC (RHY) (NMLS ID: 1990968), a licensed money transmitter. Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrency services are offered through Robinhood Crypto, LLC (RHC) (NMLS ID: 1702840). You won't be able to trade crypto until the restriction on your Robinhood Financial account is lifted.īrokerage services are offered through Robinhood Financial LLC, (RHF) a registered broker dealer (member SIPC) and clearing services through Robinhood Securities, LLC, (RHS) a registered broker dealer (member SIPC). If your Robinhood Financial account is restricted for any reason, your Robinhood Crypto account may also be restricted. Robinhood Financial, LLC and Robinhood Crypto, LLC are wholly-owned subsidiaries of Robinhood Markets, Inc.įor these reasons, you can trade crypto on Robinhood with a Cash, Instant, or Gold account. Robinhood Crypto is not a member of the Financial Industry Regulatory Authority (FINRA) or the Securities Investor Protection Corporation (SIPC).Ĭrypto aren't stocks and your crypto investments are not products protected by either FDIC or SIPC. Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services, as well as a number of other state money service business regulators. Your brokerage account is with Robinhood Financial LLC and allows trading of stocks, ETFs and options, while cryptocurrency trading is done through an account with Robinhood Crypto, LLC. Your crypto assets aren’t part of your Robinhood Financial account. ![]()
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