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How long does it take to cash out Bitcoin on Robinhood?

avatarEva RodrigoDec 27, 2021 · 3 years ago3 answers

Can you tell me the average time it takes to cash out Bitcoin on Robinhood?

How long does it take to cash out Bitcoin on Robinhood?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Cashing out Bitcoin on Robinhood usually takes around 2-5 business days. This timeframe includes the time it takes for the transaction to be processed and for the funds to be transferred to your bank account. Keep in mind that the actual time may vary depending on the current network congestion and the specific policies of Robinhood.
  • avatarDec 27, 2021 · 3 years ago
    When cashing out Bitcoin on Robinhood, it typically takes a few days for the funds to be available in your bank account. This is because Robinhood needs to process the transaction and ensure the security of the transfer. The exact time may vary, so it's best to check with Robinhood for the most up-to-date information.
  • avatarDec 27, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, it takes approximately 3-7 business days to cash out Bitcoin on Robinhood. This timeframe includes the necessary processing and verification steps to ensure a secure transaction. Please note that the actual time may vary depending on various factors such as network congestion and the specific policies of Robinhood.