common-close-0
BYDFi
Trade wherever you are!

How long does it take to transfer cryptocurrency on Robinhood?

avatarNSANZABARINDA TheonesteJan 14, 2022 · 3 years ago3 answers

Can you tell me the average time it takes to transfer cryptocurrency on Robinhood?

How long does it take to transfer cryptocurrency on Robinhood?

3 answers

  • avatarJan 14, 2022 · 3 years ago
    Transferring cryptocurrency on Robinhood usually takes around 5-7 business days. This is because Robinhood uses a combination of internal processing time and the blockchain network confirmation time to complete the transfer. It's important to note that the actual transfer time may vary depending on the network congestion and the specific cryptocurrency being transferred.
  • avatarJan 14, 2022 · 3 years ago
    When transferring cryptocurrency on Robinhood, it typically takes a few days for the transaction to be completed. This is due to the verification process and the time it takes for the blockchain network to confirm the transaction. However, the exact time may vary depending on the current network conditions and the specific cryptocurrency being transferred.
  • avatarJan 14, 2022 · 3 years ago
    According to BYDFi, a digital currency exchange, the average transfer time for cryptocurrency on Robinhood is 5-7 business days. This includes the time it takes for Robinhood to process the transfer internally and for the blockchain network to confirm the transaction. Keep in mind that the transfer time may be longer or shorter depending on the network congestion and the specific cryptocurrency being transferred.