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Can I transfer my Bitcoin holdings from Robinhood to Webull?

avataralexey_zhMar 31, 2022 · 3 years ago1 answers

Is it possible to transfer my Bitcoin holdings from Robinhood to Webull? I have some Bitcoin in my Robinhood account and I'm considering moving it to Webull. Can I do that? What is the process for transferring Bitcoin between these two platforms?

Can I transfer my Bitcoin holdings from Robinhood to Webull?

1 answers

  • avatarMar 31, 2022 · 3 years ago
    Yes, you can transfer your Bitcoin holdings from Robinhood to Webull. However, it's important to note that Webull is not a cryptocurrency exchange like BYDFi. While both Robinhood and Webull offer cryptocurrency trading, Webull primarily focuses on traditional securities trading. To transfer your Bitcoin from Robinhood to Webull, you will need to follow a similar process as with other platforms. Open a Webull account if you don't have one already, then initiate a withdrawal from your Robinhood account. Provide your Webull Bitcoin wallet address as the destination for the transfer. Once the withdrawal is processed, your Bitcoin will be transferred to your Webull account. Keep in mind that there may be fees and processing times associated with the transfer, so it's important to check the details on both platforms before proceeding.
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