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3 Reasons NOT to Buy Bitcoin Using Robinhood (AUTOMATIC LOSS!)Was this article helpful? Reference No. Still have questions? Contact Robinhood Support � Brokerage Customer Relationship Summary. With Robinhood, users don't really own their crypto assets. They are not able to purchase Bitcoin or other cryptocurrencies and then transfer these assets from. In this example, you're purchasing BTC using the exchange Robinhood. Robinhood is known in the industry and has been reliable for a long time.
