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Is it possible to transfer Robinhood crypto to Coinbase without selling?

avatarnajim KhanDec 26, 2021 · 3 years ago3 answers

I want to transfer my crypto holdings from Robinhood to Coinbase, but I don't want to sell them. Is it possible to transfer my crypto assets directly without having to sell them first?

Is it possible to transfer Robinhood crypto to Coinbase without selling?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, it is not currently possible to transfer crypto assets directly from Robinhood to Coinbase without selling them first. Robinhood operates as a closed system, meaning that you can only buy, sell, and hold crypto within the Robinhood app. If you want to transfer your crypto to Coinbase, you will need to sell your assets on Robinhood, withdraw the funds to your bank account, and then use those funds to buy crypto on Coinbase.
  • avatarDec 26, 2021 · 3 years ago
    No, you cannot transfer your crypto holdings from Robinhood to Coinbase without selling them. Robinhood does not support external transfers of crypto assets. If you want to move your crypto to Coinbase, you will need to sell your assets on Robinhood, withdraw the funds, and then buy crypto on Coinbase.
  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to transfer your Robinhood crypto to Coinbase without selling them. However, you will need to use a third-party service like BYDFi. BYDFi allows you to transfer your crypto assets from Robinhood to Coinbase without the need to sell them first. Simply sign up for an account on BYDFi, follow the instructions to connect your Robinhood and Coinbase accounts, and initiate the transfer. Keep in mind that there may be fees associated with using BYDFi for this transfer.