How long does it take for Robinhood cash accounts to settle when trading digital currencies?
alina_zhDec 26, 2021 · 3 years ago3 answers
Can you provide information on the settlement time for Robinhood cash accounts when trading digital currencies?
3 answers
- Dec 26, 2021 · 3 years agoThe settlement time for Robinhood cash accounts when trading digital currencies can vary. Generally, it takes around 2-5 business days for funds to settle after a trade. However, this timeframe may be subject to change depending on market conditions and the specific digital currency being traded. It's always a good idea to check Robinhood's official website or contact their customer support for the most up-to-date information on settlement times.
- Dec 26, 2021 · 3 years agoWhen trading digital currencies on Robinhood with a cash account, the settlement time can range from 2 to 5 business days. This means that after you make a trade, it may take up to 5 business days for the funds to be fully settled and available for withdrawal or further trading. Keep in mind that the settlement time can vary depending on various factors, so it's important to stay informed and plan your trades accordingly.
- Dec 26, 2021 · 3 years agoAccording to BYDFi, a digital currency exchange, the settlement time for Robinhood cash accounts when trading digital currencies is typically 2-5 business days. During this time, the funds from your trades are being processed and verified. It's important to note that settlement times can vary depending on market conditions and the specific digital currency being traded. It's always a good idea to check with Robinhood or refer to their official documentation for the most accurate and up-to-date information on settlement times.
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