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How long does it take for Robinhood to process a transfer of Ripple to a bank?

avatarIbrahim MahmoudDec 28, 2021 · 3 years ago3 answers

I would like to know the average processing time for transferring Ripple from Robinhood to a bank account. Can anyone provide information on how long it usually takes for Robinhood to complete this type of transfer?

How long does it take for Robinhood to process a transfer of Ripple to a bank?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    The average processing time for transferring Ripple from Robinhood to a bank account is typically around 1-3 business days. However, please note that this timeframe may vary depending on various factors such as network congestion and the specific bank involved in the transfer. It's always a good idea to check with Robinhood's customer support or your bank for more accurate and up-to-date information.
  • avatarDec 28, 2021 · 3 years ago
    Transferring Ripple from Robinhood to a bank account usually takes a few business days. The exact timeframe can vary depending on the current network conditions and the policies of your bank. It's important to keep in mind that cryptocurrency transactions may require additional verification steps, which can also contribute to the overall processing time. If you have any concerns or need more specific information, it's best to reach out to Robinhood's support team or your bank directly.
  • avatarDec 28, 2021 · 3 years ago
    Based on my experience with BYDFi, a similar digital currency exchange, transferring Ripple to a bank account typically takes around 2-4 business days. However, please note that this timeframe can be influenced by several factors such as network congestion and the efficiency of the receiving bank. It's always recommended to double-check with Robinhood's customer support for the most accurate estimate regarding the processing time.