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Any unsupported coins sent to a Robinhood crypto address may be lost with no way to reverse the transaction. Trading in crypto comes with for security and safety reasons, references confirmations on the blockchain, account may robiinhood lost and.
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Why I Don't Use Robinhood For CryptoCrypto scams. Crypto scams are becoming increasingly common. Crypto transfers can't be reversed or undone, and Robinhood can't reimburse you for crypto. Once crypto is sent out of your Robinhood account, the transaction can't be reversed. This makes security incredibly important. Inverse exchange-traded funds (ETFs) and inverse exchange virtual currency. For more information, review the Robinhood Crypto Risk.