Robinhood Login| Pros and Cons of Robinhood login
Each cryptocurrency provider has its advantages and disadvantages. The pros and cons of Robinhood login are listed below:
To monitor a portfolio, easy to use mobile app
It is a long established and trusted exchange since 2013
To spend crypto, this exchange offers a crypto debit card at merchants
A useful platform for beginner traders
This platform does not offer recurring orders or staking features
Here, instant buy and trading fees are very high
Supports only a limited range of cryptocurrencies
This platform allows its users to convert Australian dollars in exchange for 49 crypto coins such as ZCash, Litecoin, Ethereum, Bitcoin, XRP, Maker, Compound, USD Coin, Stella Lumens, Uniswap, LINK, Yearn Finance, Basic Attention Token, Omise Go etc.
On CoinJar, the offering of crypto assets is quite limited compared to Binance and Swyftx which have over 280 digital currencies. To serve savvy altcoin investors, this is one area that could be improved.
To start, follow these steps:
Go to the Robinhood login website
Tap on the 'Sign Up' option that appear at the top right-hand corner
Next, type in your first and last name
After that, enter your email and set a strong password
Read the terms of service and policy agreement and then tick on the check box
Click on 'Sign Up'
Just after that, verify the email sent to your email address
If you login for the first time, you will be required to set a Robinhood login username, upload a profile picture, choose your country of residence and enter your mobile number for verification.
You need to verify your account, to buy or sell Bitcoin to AUD. to do so, follow these steps:
Log-in to your Robinhood account
On the dashboard, click on 'Get verified now'
Select if you are a Individual, Company or SMSF Investor (we will use 'Individual' for this example)
Tap on 'Verify With Digital ID' (must be Australian Resident)
Upload a personnel identification document (e.g. Passport, Drivers License)
As shown on the ID document, fill in all your details
Review the information and then Click on 'Confirm'
And finally Submit
There are a number of alternative exchanges like CoinJar with similar features that can also be considered. Go through it, one by one:
Coinspot: As an Australian crypto platform, the exchange has built up a solid reputation and trustworthy image. This platform helps new investors to purchase Bitcoin and cryptocurrency in Australia with AUD.
Swyftx: It is identified as a state-of-the-art platform that lets you purchase cryptocurrencies in a very quick and easy manner. The registration process on this platform is simple with a fast sign-up and verification process that takes less than two minutes.
Digital Surge: This local cryptocurrency exchange is an easy way to buy, sell and store crypto. The platform makes crypto as enjoyable and easy-to-understand as possible, with an importance on simplicity.