common-close-0
BYDFi
Trade wherever you are!

How can I convert my cryptocurrencies on Robinhood into cash?

avatarMahmoud Rabe3Dec 30, 2021 · 3 years ago1 answers

I have some cryptocurrencies on Robinhood and I want to convert them into cash. How can I do that?

How can I convert my cryptocurrencies on Robinhood into cash?

1 answers

  • avatarDec 30, 2021 · 3 years ago
    If you want to convert your cryptocurrencies on Robinhood into cash, here's what you need to do: 1. Log in to your Robinhood account. 2. Go to the 'Crypto' section. 3. Select the cryptocurrency you want to sell. 4. Click on the 'Sell' button. 5. Enter the amount of cryptocurrency you want to convert into cash. 6. Review the transaction details and confirm the sale. 7. The cash will be added to your Robinhood account. 8. You can then transfer the cash to your bank account or use it for other investments. It's important to note that Robinhood may charge fees for selling cryptocurrencies. Make sure to check their fee schedule for more information.