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Can the Robinhood debit card be used to withdraw cash from Bitcoin ATMs?

avatarEnock ZaakeDec 30, 2021 · 3 years ago3 answers

Is it possible to withdraw cash from Bitcoin ATMs using the Robinhood debit card? I'm interested in using my Robinhood debit card to access my Bitcoin funds in a convenient way. Can I simply go to a Bitcoin ATM and withdraw cash directly from my Robinhood account?

Can the Robinhood debit card be used to withdraw cash from Bitcoin ATMs?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Unfortunately, the Robinhood debit card cannot be used to withdraw cash from Bitcoin ATMs. The Robinhood debit card is primarily designed for making purchases and accessing funds from your Robinhood account. It does not support direct cash withdrawals from Bitcoin ATMs. If you want to withdraw cash from your Bitcoin funds, you may need to transfer them to a different platform or exchange that supports Bitcoin ATM withdrawals.
  • avatarDec 30, 2021 · 3 years ago
    No, the Robinhood debit card cannot be used to withdraw cash from Bitcoin ATMs. The card is specifically designed for making purchases and accessing funds within the Robinhood ecosystem. If you're looking to withdraw cash from your Bitcoin holdings, you'll need to explore other options such as transferring your funds to a different exchange or platform that supports Bitcoin ATM withdrawals.
  • avatarDec 30, 2021 · 3 years ago
    While the Robinhood debit card is a convenient way to access your funds within the Robinhood ecosystem, it does not currently support cash withdrawals from Bitcoin ATMs. However, there are other platforms and exchanges that do offer this functionality. For example, BYDFi, a popular cryptocurrency exchange, allows users to withdraw cash from Bitcoin ATMs using their debit card. If you're specifically looking for this feature, you may want to consider using BYDFi or exploring other exchanges that offer similar services.