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Can I transfer funds from Robinhood instant settlement to an external cryptocurrency wallet?

avatarRajnish KrDec 24, 2021 · 3 years ago3 answers

Is it possible to transfer funds from my Robinhood instant settlement account to an external cryptocurrency wallet?

Can I transfer funds from Robinhood instant settlement to an external cryptocurrency wallet?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Yes, you can transfer funds from your Robinhood instant settlement account to an external cryptocurrency wallet. To do this, you will need to follow a few steps. First, open your Robinhood app and navigate to the cryptocurrency section. From there, select the cryptocurrency you want to transfer and click on the 'Transfer' button. Next, choose the option to transfer to an external wallet and enter the wallet address. Finally, confirm the transfer and wait for it to be processed. Keep in mind that there may be fees associated with this transfer, so make sure to check the fee schedule before proceeding.
  • avatarDec 24, 2021 · 3 years ago
    Absolutely! You have the ability to transfer funds from your Robinhood instant settlement account to an external cryptocurrency wallet. Simply access your Robinhood app, go to the cryptocurrency section, and select the specific cryptocurrency you wish to transfer. From there, choose the 'Transfer' option and provide the wallet address of your external cryptocurrency wallet. Confirm the transfer and wait for it to be completed. It's important to note that there may be transaction fees involved, so be sure to review the fee structure before initiating the transfer.
  • avatarDec 24, 2021 · 3 years ago
    Yes, it is possible to transfer funds from your Robinhood instant settlement account to an external cryptocurrency wallet. However, please note that Robinhood does not currently support direct transfers to external wallets. To transfer your funds, you will need to sell your cryptocurrency on Robinhood and then withdraw the funds to your bank account. Once the funds are in your bank account, you can then transfer them to your external cryptocurrency wallet using a separate wallet service. Keep in mind that this process may involve additional fees and may take some time to complete.