Can I buy Shiba Inu on Robinhood?

Robinhood’s CEO has said several times in the past that the popular mobile trading app has no plans to add Shiba Inu (SHIB) to its roster of cryptocurrencies . A Change.org petition to persuade Robinhood to reconsider its position currently has more than 555,000 signatures.13 Oca 2022

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Is Robinhood crypto legal?

Cryptocurrencies offered by Robinhood Crypto, LLC are not securities and are not FDIC insured or protected by SIPC. Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status .

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Is it safe to buy crypto on Robinhood?

We hold the majority of your coins in cold storage, entirely disconnected from the internet . This gives you an additional layer of protection. We also carry crime insurance that protects a portion of the assets held across our storage systems against losses from theft, including cybersecurity breaches.

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