Cryptocurrency Q&A
How do I get my money out of Robinhood?
How do I get my money out of Robinhood?
Luca
Sat Sep 14 2024
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7 answers
1306
Hey there, I'm curious about something. I've been investing in cryptocurrency and stocks on Robinhood, but now I'm wondering how exactly I can withdraw my funds. Is there a specific process I need to follow? Do I need to convert my crypto back to cash first? And how long does it typically take for the money to show up in my bank account? Any insights or tips would be greatly appreciated!
7 answers
Chloe_carter_model
Mon Sep 16 2024
Once in the account section, locate and tap on the "Transfers" option. This will take you to a new screen where you can manage your fund transfers.
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Valentino
Mon Sep 16 2024
On the Transfers screen, you'll see two main options: "Transfer to your bank" and "Transfer to debit card." For withdrawing funds to your bank account, select "Transfer to your bank."
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Eleonora
Mon Sep 16 2024
After selecting the transfer method, you'll need to choose the specific bank account you want to transfer the funds to. Robinhood will display a list of linked bank accounts for you to select from.
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SeoulSoul
Mon Sep 16 2024
With the bank account selected, enter the amount you wish to withdraw from your Robinhood account. Ensure that the amount is within your available balance and that you've entered it correctly.
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Giulia
Mon Sep 16 2024
To withdraw money from Robinhood to your bank account using your phone, the process is straightforward and user-friendly. Start by tapping on the "Account" option within the Robinhood app.
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