Can I use my Robinhood account to invest in initial coin offerings (ICOs) and token sales?

3 answers

• Ronda GunterSep 30, 2020 · 5 years ago
  Unfortunately, you cannot use your Robinhood account to invest in initial coin offerings (ICOs) and token sales. Robinhood currently only supports trading stocks, ETFs, and cryptocurrencies like Bitcoin and Ethereum. If you're interested in participating in ICOs and token sales, you'll need to use a different cryptocurrency exchange that specifically offers these investment opportunities.
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• Mihajlo ZivkovicOct 14, 2021 · 4 years ago
  No, Robinhood does not currently support investing in initial coin offerings (ICOs) and token sales. Robinhood's platform is primarily focused on traditional investments like stocks and ETFs. If you're looking to invest in ICOs and token sales, you'll need to find a different exchange that offers these types of investments.
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• MaybetsJun 28, 2025 · 3 months ago
  While Robinhood does not support investing in initial coin offerings (ICOs) and token sales, there are other cryptocurrency exchanges that do. One example is BYDFi, which offers a wide range of investment opportunities including ICOs and token sales. If you're interested in participating in these types of investments, you may want to consider using BYDFi or exploring other exchanges that offer similar options.
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