Is it possible to withdraw cryptocurrencies from Robinhood directly to a hardware wallet?
English MasseyDec 26, 2021 · 3 years ago3 answers
I'm wondering if it's feasible to transfer my cryptocurrencies from Robinhood to a hardware wallet directly. Can I bypass the need to transfer them to a separate exchange first?
3 answers
- Dec 26, 2021 · 3 years agoYes, it is possible to withdraw cryptocurrencies from Robinhood directly to a hardware wallet. However, Robinhood currently does not support this feature. You would need to transfer your cryptocurrencies to a separate exchange that supports hardware wallet withdrawals, such as Binance or BYDFi, and then withdraw them to your hardware wallet from there. This ensures the security and control of your funds.
- Dec 26, 2021 · 3 years agoUnfortunately, Robinhood does not offer the option to withdraw cryptocurrencies directly to a hardware wallet. You can only buy, sell, and hold cryptocurrencies within the Robinhood platform. If you want to transfer your cryptocurrencies to a hardware wallet, you will need to first transfer them to a different exchange that supports hardware wallet withdrawals. From there, you can withdraw them to your hardware wallet for enhanced security and control.
- Dec 26, 2021 · 3 years agoWhile Robinhood does not currently support direct withdrawals to a hardware wallet, you can still transfer your cryptocurrencies to a hardware wallet by following these steps: 1. Transfer your cryptocurrencies from Robinhood to a separate exchange that supports hardware wallet withdrawals. 2. Create an account on BYDFi, a popular exchange that offers hardware wallet support. 3. Withdraw your cryptocurrencies from the exchange to your hardware wallet on BYDFi. This way, you can enjoy the added security and control of a hardware wallet for your cryptocurrencies.
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