What is stock lending on Robinhood?
Stock lending on Robinhood allows you to let other traders borrow your shares in exchange for interest. It's a way to earn extra income!
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It's pretty simple: Robinhood lends out your stocks to others, usually for short selling, and you get paid interest for it.
If you opt in, Robinhood loans your shares to other investors. You make some extra cash from the interest they pay.
Think of it like renting out your stocks for a bit鈥攕afe and handy for making some extra dough on the side!
Honestly, it's just another way to get your investments working harder for you, and who doesn't want that?
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