How can I withdraw my brokerage cash from Robinhood and invest it in cryptocurrencies?

1 answers

• Dec 29, 2021 · 3 years ago
  To withdraw your brokerage cash from Robinhood and invest it in cryptocurrencies, follow these steps: 1. Log in to your Robinhood account and go to the 'Account' section. 2. Select 'Transfer' and then choose 'Transfer to Your Bank'. 3. Enter the amount of cash you want to withdraw and select the bank account you want to transfer the funds to. 4. Confirm the transfer and wait for the funds to be transferred to your bank account. 5. Once the funds are in your bank account, you can transfer them to a cryptocurrency exchange. 6. Sign up for an account on the cryptocurrency exchange of your choice and complete the verification process. 7. Go to the 'Deposit' or 'Funds' section on the exchange and choose the option to deposit funds. 8. Select the bank transfer option and enter the amount of cash you want to deposit. 9. Follow the instructions to complete the deposit and wait for the funds to be credited to your cryptocurrency exchange account. 10. Once the funds are in your cryptocurrency exchange account, you can start investing in cryptocurrencies. Please note that the specific steps may vary depending on the cryptocurrency exchange you choose. Make sure to carefully read and follow the instructions provided by both Robinhood and the cryptocurrency exchange to ensure a successful transfer and investment.
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