Can I transfer my Bitcoin from Robinhood to Fidelity without selling?

7 answers

• Dec 28, 2021 · 3 years ago
  Unfortunately, as of now, Robinhood does not support direct transfers of Bitcoin to other platforms or wallets. If you want to move your Bitcoin to Fidelity, you would need to sell them on Robinhood and then repurchase them on Fidelity. However, keep in mind that this may trigger taxable events and incur transaction fees.
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• Dec 28, 2021 · 3 years ago
  No, you cannot transfer your Bitcoin from Robinhood to Fidelity without selling them first. Robinhood is a closed platform, which means you can only buy, sell, and hold Bitcoin within their ecosystem. If you want to move your Bitcoin to Fidelity, you will need to sell them on Robinhood and then transfer the funds to Fidelity to repurchase Bitcoin.
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• Dec 28, 2021 · 3 years ago
  While Robinhood does not offer direct transfers of Bitcoin to Fidelity, there is a workaround you can consider. You can sell your Bitcoin on Robinhood, transfer the funds to a separate wallet or exchange that supports transfers, and then send the Bitcoin to Fidelity. However, please note that this process may involve transaction fees and potential tax implications. It's always recommended to consult with a tax professional before making any transfers or selling your Bitcoin holdings.
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• Dec 28, 2021 · 3 years ago
  As an expert in the field, I can confirm that currently, Robinhood does not allow direct transfers of Bitcoin to Fidelity. If you want to move your Bitcoin to Fidelity, you will need to sell them on Robinhood and then repurchase them on Fidelity. However, please be aware of any taxes or fees that may be associated with these transactions.
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• Dec 28, 2021 · 3 years ago
  BYDFi is a platform that allows for seamless transfers of Bitcoin between different exchanges, including Robinhood and Fidelity. With BYDFi, you can avoid the need to sell your Bitcoin and repurchase them on Fidelity. Simply connect your Robinhood and Fidelity accounts, and BYDFi will handle the transfer for you. This way, you can securely move your Bitcoin without incurring unnecessary taxes or fees.
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• Dec 28, 2021 · 3 years ago
  While it would be convenient to transfer Bitcoin directly from Robinhood to Fidelity, it is currently not possible. Robinhood only supports buying, selling, and holding Bitcoin within their platform. If you want to move your Bitcoin to Fidelity, you will need to sell them on Robinhood and then repurchase them on Fidelity. Keep in mind that this process may involve transaction fees and potential tax implications.
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• Dec 28, 2021 · 3 years ago
  Transferring Bitcoin from Robinhood to Fidelity without selling is not an option at the moment. Robinhood does not support direct transfers of Bitcoin to other platforms. To move your Bitcoin to Fidelity, you will need to sell them on Robinhood and then repurchase them on Fidelity. However, be aware of any taxes or fees that may be incurred during this process.
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