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What are the options for withdrawing cash from Robinhood with digital assets?

avatarThalia Quinteros M.Dec 27, 2021 · 3 years ago1 answers

I would like to know what options are available for withdrawing cash from Robinhood using digital assets. Can I directly withdraw cash from my Robinhood account using cryptocurrencies? How does the process work? Are there any fees or limitations? Please provide detailed information.

What are the options for withdrawing cash from Robinhood with digital assets?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Robinhood allows you to withdraw cash using digital assets. To do so, you'll need to sell your digital assets on the platform and convert them into cash. Once you have the cash in your account, you can request a withdrawal to your linked bank account. The cash will be transferred to your bank account within a few business days. It's worth noting that there may be some fees associated with the withdrawal, so it's a good idea to check Robinhood's fee schedule for more information. Additionally, there may be limitations on the withdrawal amount based on your account type and verification level. Overall, withdrawing cash from Robinhood with digital assets provides a convenient way to access your funds.