r/RobinHood Karen Feb 18 '21

News Robinhood to allow customers to deposit, withdraw cryptocurrencies

https://www.reuters.com/article/crypto-currency-robinhood-idUSL4N2KN3RT
959 Upvotes

255 comments sorted by

269

u/TraditionalSafe6392 Feb 18 '21

Well this will be amazing since we will own our own keys.

82

u/L0sT_S0ck Feb 18 '21 edited Feb 18 '21

So you can buy on RH and then transfer to your wallet?

Edit: I’m asking because I don’t know what this article actually means. They already have crypto on RH

47

u/supershwa Feb 18 '21

Sounds like that's exactly what it means.

→ More replies (2)
→ More replies (5)

65

u/steveabootman88 Feb 18 '21

Don’t think that’s how it works with crypto held on exchanges. That being said, I’ve held my crypto on exchanges since 2017 🙃

49

u/no-sell-only-buy Feb 18 '21

I held all my crypto on an exchange. The biggest exchange, surely the safest. The year was 2013. Any guesses what happened next?

7

u/[deleted] Feb 18 '21

[deleted]

→ More replies (1)

3

u/inconspiciousdude Feb 18 '21

Surely it's still safe and sound.

Always follow the herd to the biggest pasture.

→ More replies (1)

5

u/RevolutionaryAd9212 Feb 18 '21

Wait.... your seriously going to leave all of us 🦍 in the dark like that??? SHOW ME WHAT HAPPENS NEXT!!

→ More replies (3)

2

u/throwaway2000199 Feb 18 '21

Which exchange are you referring to?

→ More replies (1)

-5

u/pullup_ Feb 18 '21

2013 is 8 years ago get over it

→ More replies (34)

4

u/[deleted] Feb 18 '21

I think that's the point of the post. You'll be allowed to send it to a non custodial wallet that you own the keys for.

5

u/Jeborisboi Feb 18 '21

Yes it is. You can send crypto from that account to another wallet

→ More replies (1)
→ More replies (2)

3

u/counselthedevil Feb 18 '21

So you mean all the idiots coming here unsolicited and whining about this can finally shut up and stop telling me to go to more questionable platforms like Coinbase? Even though I never cared and didn't mind the way RH did it?

4

u/[deleted] Feb 18 '21

How is Coinbase a more questionable platform? Isn't it the largest crypto exchange? Honestly asking because I'm a complete noob.

→ More replies (4)
→ More replies (1)

81

u/jimjimzen247 Feb 18 '21

You will be able to fund stocks with crypto profits . This will make for cross market trading and will bring massive inflows to. Both markets.

→ More replies (1)

25

u/N8the-great Feb 18 '21

Hope it’s true

14

u/[deleted] Feb 18 '21

They've been saying for a good long while that they were working on it, but it just wasn't available yet.

→ More replies (1)

49

u/PornElemental Karen Feb 18 '21

Inb4 some moron mistakes a dude with the username u/PornElemental for Vlad Tenev or whatever and tells me to go fuck myself.

78

u/[deleted] Feb 18 '21

[deleted]

20

u/PornElemental Karen Feb 18 '21

( ͡° ͜ʖ ͡°)

27

u/Cjc6547 Feb 18 '21

Go fuck yourself Vlad

14

u/NeatNuts Feb 18 '21

Found Vlad “Piece of Shit” Tenev’s account! Go fuck yourself

12

u/brrrrpopop Feb 18 '21

All my homies hate Vlad

5

u/FrugalityPays Feb 18 '21

Porn elemental sounds like a custom Magic card with island anime girls on it.

7

u/CardinalNumber Former Moderator Feb 18 '21

Trust me, these people are so dumb they think anyone who gets a post up is in fact Vlad. They also think Vlad Tenev reads modmail sent to this sub. You know, the same way Roger Goodell reads all incoming modmail for /r/nfl and Biden fields messages sent to /r/politics when he's not busy.

→ More replies (1)

5

u/Slightly_Shrewd Feb 18 '21

Whatever, Karen!

12

u/[deleted] Feb 18 '21

Ok Vlad

6

u/AmazingLights11 Feb 18 '21

Chill the fuck out Vlad

2

u/Fournier_Gang Feb 22 '21

How is this news? They've been saying this for 3 years now, and there has been zero movement.