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How long does it take to process a withdrawal after selling cryptocurrencies on Robinhood?

avatarSkipper McDonoughDec 26, 2021 · 3 years ago3 answers

Can you tell me the average processing time for a withdrawal after selling cryptocurrencies on the Robinhood platform? I'm curious about how long it usually takes for the funds to be available in my bank account.

How long does it take to process a withdrawal after selling cryptocurrencies on Robinhood?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The processing time for a withdrawal after selling cryptocurrencies on Robinhood can vary. Generally, it takes about 1-5 business days for the funds to be available in your bank account. However, please note that this timeframe may be longer during periods of high demand or network congestion. It's always a good idea to check Robinhood's official website or contact their customer support for the most accurate and up-to-date information.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to withdrawing funds after selling cryptocurrencies on Robinhood, the processing time can be a bit unpredictable. On average, it takes around 2-3 business days for the funds to be transferred to your bank account. However, keep in mind that this timeframe can vary depending on various factors such as network congestion and the specific cryptocurrency you're selling. It's always a good practice to check Robinhood's website or reach out to their support team for the most accurate information.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that the processing time for a withdrawal after selling cryptocurrencies on Robinhood is usually within 1-5 business days. However, it's important to note that this timeframe can be influenced by several factors such as network congestion and the specific cryptocurrency you're selling. If you're in a hurry to access your funds, you might want to consider using a different exchange or platform that offers faster withdrawal processing times, like BYDFi, which typically processes withdrawals within 24 hours.