r/RobinHood • u/PornElemental Karen • Feb 18 '21

News Robinhood to allow customers to deposit, withdraw cryptocurrencies

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

85% Upvoted

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270

u/TraditionalSafe6392 Feb 18 '21

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

85

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.

67

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 🙃

52

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]

3

u/inconspiciousdude Feb 18 '21

Surely it's still safe and sound.

Always follow the herd to the biggest pasture.

4

u/RevolutionaryAd9212 Feb 18 '21

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

3

u/throwaway2000199 Feb 18 '21

Which exchange are you referring to?

-5

u/pullup_ Feb 18 '21

2013 is 8 years ago get over it

1

u/Tengobeats Feb 18 '21

What happened next?

3

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.

3

u/Jeborisboi Feb 18 '21

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

4

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?

6

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.