common-close-0
BYDFi
Trade wherever you are!

After selling stocks on Robinhood, how much time does it usually take to get the cryptocurrency?

avatarMadhavi Latha Reddy SettipalliDec 27, 2021 · 3 years ago3 answers

After selling stocks on the Robinhood platform, how long does it typically take to receive the cryptocurrency? Is there a specific waiting period or does it depend on the type of cryptocurrency being purchased?

After selling stocks on Robinhood, how much time does it usually take to get the cryptocurrency?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The time it takes to receive the cryptocurrency after selling stocks on Robinhood can vary. In general, it usually takes a few minutes to a few hours for the transaction to be processed and for the cryptocurrency to be credited to your account. However, this can depend on various factors such as network congestion, the specific cryptocurrency being purchased, and the overall market conditions. It's always a good idea to check the transaction status on the Robinhood app or website for the most up-to-date information.
  • avatarDec 27, 2021 · 3 years ago
    When you sell stocks on Robinhood and convert the proceeds into cryptocurrency, the time it takes to receive the cryptocurrency can depend on several factors. Generally, the transaction is processed quickly and you should see the cryptocurrency in your account within a few minutes. However, during times of high trading volume or network congestion, it may take longer for the transaction to be confirmed and for the cryptocurrency to be available. It's important to note that different cryptocurrencies may have different processing times, so it's always a good idea to check the specific details for the cryptocurrency you are interested in.
  • avatarDec 27, 2021 · 3 years ago
    After selling stocks on Robinhood, the time it takes to receive the cryptocurrency can vary. It typically takes a few minutes to a few hours for the transaction to be completed and for the cryptocurrency to be available in your account. However, please note that this answer is based on general observations and may not apply to all situations. It's always a good idea to check the transaction status on the Robinhood app or website for the most accurate and up-to-date information. If you have any concerns or questions about the timing of your cryptocurrency purchase, it's best to reach out to Robinhood's customer support for assistance.