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How soon after selling on Robinhood can I withdraw my cryptocurrency?

avatarMohammed abdDec 27, 2021 · 3 years ago3 answers

After selling cryptocurrency on Robinhood, how long do I have to wait before I can withdraw the funds?

How soon after selling on Robinhood can I withdraw my cryptocurrency?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Once you sell your cryptocurrency on Robinhood, you can typically withdraw the funds immediately. However, it's important to note that the withdrawal process may take some time to complete depending on the specific cryptocurrency and the network congestion. Generally, it can take anywhere from a few minutes to a few hours for the funds to be available in your external wallet.
  • avatarDec 27, 2021 · 3 years ago
    As soon as you sell your cryptocurrency on Robinhood, you should be able to withdraw the funds right away. Just make sure you have a verified external wallet linked to your Robinhood account to receive the funds. Keep in mind that the withdrawal process may take some time to process, especially during periods of high network activity.
  • avatarDec 27, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, after selling on Robinhood, you can withdraw your cryptocurrency immediately. However, the actual time it takes for the funds to be available in your external wallet may vary depending on the specific cryptocurrency and the network congestion. It's always a good idea to double-check the transaction status and confirmations on the blockchain explorer to ensure the withdrawal is successful.