What Cryptocurrencies Can You Buy on Robinhood?

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Robinhood doesn’t have fractional dividends or automatic dividend reinvestments, so I have to figure out what I want to do with those pennies I’ve been earning as dividends.

I have bought a few other stocks with my dividends, but each time I did have to deposit some additional money.

I am a bit interested in cryptocurrencies - I have an entire tag dedicated to them, as well as a Mix collection.

And Robinhood sells cryptocurrencies. And unlike stocks, you can buy fractional amounts of crypto (which is good, otherwise few people would be able to buy any Bitcoin).

Update: You’ve been able to buy fractional shares of stocks on Robinhood for awhile now. Thanks, Frank Poliat @quickdrawartist for the correction.

Robinhood Crypto Promo Image. Robinhood Crypto Promo Image.

Robinhood displays the prices for several different cryptocurrencies, however, only a subset of these are available for purchase.

Which is a bit frustrating if you want to buy ALL THE THINGS. For diversity’s sake, of course.

Screenshot of some of the cryptocurrencies on Robinhood. Screenshot of some of the cryptocurrencies on Robinhood.

So, while Robinhood lists seventeen different cryptocurrencies on their platform:

Only the following seven cryptocurrencies are currently available to purchase on Robinhood:

Keep in mind that if you buy any cryptocurrencies on Robinhood, those coins must stay on Robinhood. They offer no way to withdrawal to another wallet.

If you want to “invest” in cryptocurrencies such as Bitcoin on Robinhood but don’t yet have an account, use my Robinhood referral link and we’ll both earn a free stock.

2 comments for What Cryptocurrencies Can You Buy on Robinhood?

  • avatar for Vasilica Vasilescu Vasilica Vasilescu

    If I want to buy LISK (LSK), can I buy it and keep on Robinhood as investment? For the time being I do not have an account. I can create an account on Robinhood link and then I can buy what do you have . Do you have a tel. Number ? Just in case I need to ask you about the process.

    Sincerely, Vasilica Vasilescu

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