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Is there a delay in receiving money after selling crypto on Robinhood?

avatarFitlywear IncDec 27, 2021 · 3 years ago3 answers

I recently sold some cryptocurrency on Robinhood and I'm wondering if there is a delay in receiving the money. Can anyone tell me if there is a waiting period before the funds are available in my account?

Is there a delay in receiving money after selling crypto on Robinhood?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there is usually a delay of a few days before you can access the funds after selling crypto on Robinhood. This delay is due to the settlement process and is a common practice in the industry. Once the settlement period is over, the money will be available in your account.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, there is a delay in receiving the money after selling crypto on Robinhood. It usually takes around 3-5 business days for the funds to be settled and available for withdrawal. This delay is necessary to ensure the security and integrity of the transaction.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that there is a delay in receiving money after selling crypto on Robinhood. However, the exact duration of the delay may vary depending on several factors, such as the type of cryptocurrency and the current market conditions. It's always a good idea to check Robinhood's official website or contact their customer support for the most accurate information.