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How long does it take to access the funds from a Robinhood sell order and transfer them to another cryptocurrency exchange?

avatarAngelika BragaDec 30, 2021 · 3 years ago3 answers

When selling cryptocurrency on Robinhood and transferring the funds to another cryptocurrency exchange, how long does it typically take to access the funds?

How long does it take to access the funds from a Robinhood sell order and transfer them to another cryptocurrency exchange?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    The time it takes to access the funds from a Robinhood sell order and transfer them to another cryptocurrency exchange can vary. In general, it may take a few minutes to a few hours for the transaction to be processed and for the funds to become available in your account on the other exchange. However, please note that this timeframe can be influenced by various factors such as network congestion and the specific blockchain used by the cryptocurrency. It's always a good idea to check with both Robinhood and the receiving exchange for more accurate information on the expected processing time.
  • avatarDec 30, 2021 · 3 years ago
    When you sell cryptocurrency on Robinhood and transfer the funds to another exchange, the time it takes to access the funds can depend on several factors. Firstly, the processing time on Robinhood's end can vary, but it is usually relatively quick. Once the transaction is processed, the time it takes for the funds to become available on the receiving exchange can also vary. Different exchanges have different processing times, and it can range from a few minutes to several hours. Additionally, network congestion and the specific blockchain used by the cryptocurrency can also affect the transfer time. It's always a good idea to check with both Robinhood and the receiving exchange for more specific information on the expected timeline.
  • avatarDec 30, 2021 · 3 years ago
    At BYDFi, we understand the importance of quick and efficient fund transfers. When you sell cryptocurrency on Robinhood and transfer the funds to another exchange, the time it takes to access the funds can vary. Typically, it can take a few minutes to a few hours for the transaction to be processed and for the funds to become available on the receiving exchange. However, please note that this timeframe can be influenced by factors such as network congestion and the specific blockchain used by the cryptocurrency. It's always a good idea to check with both Robinhood and the receiving exchange for more accurate information on the expected processing time.