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Is there a limit on the amount of digital currency I can transfer from Robinhood to my bank?

avatarHimanshu DuttaDec 26, 2021 · 3 years ago3 answers

I want to transfer my digital currency from Robinhood to my bank account, but I'm not sure if there is a limit on the amount I can transfer. Can someone please clarify if there are any restrictions or limits on the transfer amount?

Is there a limit on the amount of digital currency I can transfer from Robinhood to my bank?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When it comes to transferring digital currency from Robinhood to your bank account, there are usually limits in place. These limits can vary depending on the specific digital currency and the exchange you're using. It's best to check with Robinhood's customer support or refer to their documentation to get accurate information on the transfer limits for your specific situation.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are limits on the amount of digital currency you can transfer from Robinhood to your bank account. The exact limits may depend on factors such as your account type, verification level, and the specific digital currency you're transferring. To find out the specific limits that apply to your account, it's recommended to contact Robinhood's customer support or refer to their official documentation.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the digital currency industry, I can confirm that there are limits on the amount of digital currency you can transfer from Robinhood to your bank account. However, the specific limits can vary depending on the exchange you're using. For example, at BYDFi, the maximum daily transfer limit for digital currency withdrawals to a bank account is $10,000. It's important to note that these limits are subject to change, so it's always a good idea to check with the exchange or refer to their documentation for the most up-to-date information.