Robinhood Cryptocurrency Agreement

The execution of limited orders is not guaranteed. Your limit buy order is only executed if the cryptocurrency fills or falls below your limit price, and your limit selling order is only executed if the cryptocurrency fills or exceeds your limit price. Your cryptocurrency assets are not part of your Robinhood Financial account. Your brokerage account is at Robinhood Financial LLC and allows trading of stocks, ETFs and options, while cryptocurrency trading is done via an account at Robinhood Crypto, LLC. Robinhood Crypto is licensed by the New York State Department of Financial Services as well as a number of other state regulators for public financial services for virtual currency transactions. Robinhood Crypto is not a member of the Financial Industry Regulatory Authority (FINRA) or the Securities Investor Protection Corporation (SIPC). Cryptocurrencies are not equities and your cryptocurrency investments are not products protected by FDIC or SIPC. Robinhood Financial, LLC and Robinhood Crypto, LLC are whods who are whods 100% of Robinhood Markets, Inc. You can add a cryptocurrency to your Watchlist in your iOS app: to counter dramatic price fluctuations, we adapt market orders to limit orders by up to 1% for purchases and 5% for sales.

The passes are based on the latest commercial price. This means that your order will not be executed if the price of the cryptocurrency is more than 5% lower than its price at the time of ordering on the market, or more than 1% higher than the price if you have placed a purchase order on the market until it returns to the pass. Trading cryptocurrencies can be extremely risky. Trade in cryptocurrencies is generally not appropriate, particularly for funds from old age savings, student loans, mortgages, emergency funds or funds made available for other purposes. Trade in cryptocurrencies can result in significant and immediate financial losses. Under certain market conditions, it may be difficult or impossible to quickly liquidate a position at a reasonable price. This can happen, for example. B, when the market for a given cryptocurrency is suddenly falling, or when trading is halted due to recent events, unusual business activity or changes to the underlying cryptocurrency system. Any information relating to Robinhood Crypto on each Robinhood website (including www.robinhood.com and blog.robinhood.com), the Robinhood platform, emails or other communications are intended solely for informational purposes and are not intended for the offer, solicitation or advertising of Robinhood Crypto or goods or services offered by Robinhood Crypto. Your cryptocurrency assets are held in your Robinhood Crypto account, not in your Robinhood Financial Account, so they are treated as non-marginable, with a 100% maintenance need. This means that your cryptocurrencies must be fully secured with cash and cannot be used as collateral for equity positions. The terms of the cryptographic contract would be written in lines of code, then stored and replicated on several computers (or nodes) on the network.

Blockchain, the transparent common ledger in which the contract is stored, protects it from deletion or manipulation. The agreement would therefore remain unchanged over time, making it immutable. Those involved in this process would remain anonymous and thus guarantee privacy. For a transaction to be executed, all you need to do is enter the data that triggers the terms of the contract. Smart contracts are like instructions that are executed in a programmed way.