How long does Robinhood hold cryptocurrency funds?
SeemaDec 27, 2021 · 3 years ago3 answers
Can you tell me how long Robinhood holds cryptocurrency funds in their platform? I'm curious about the duration of time my funds will be held before I can access them.
3 answers
- Dec 27, 2021 · 3 years agoRobinhood typically holds cryptocurrency funds for a short period of time, usually within a few hours. This is to ensure that the transactions are properly settled and verified on the blockchain network. Once the funds are settled, you should be able to access and use them.
- Dec 27, 2021 · 3 years agoWhen it comes to holding cryptocurrency funds, Robinhood aims to minimize the waiting time for its users. The duration can vary depending on the specific cryptocurrency and network congestion. However, in most cases, you should expect your funds to be available within a few hours.
- Dec 27, 2021 · 3 years agoAs an expert in the field, I can tell you that Robinhood holds cryptocurrency funds for a short period of time, typically within a few hours. However, it's important to note that different cryptocurrencies may have different settlement times. For more accurate information, you can refer to Robinhood's official documentation or contact their customer support.
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