common-close-0
BYDFi
Trade wherever you are!

What are the steps to cash out on the Robinhood app for cryptocurrencies?

avatarlabhamsharmaDec 27, 2021 · 3 years ago3 answers

Can you provide a step-by-step guide on how to cash out cryptocurrencies on the Robinhood app? I'm new to the app and would like to know the process.

What are the steps to cash out on the Robinhood app for cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Here's a step-by-step guide on how to cash out cryptocurrencies on the Robinhood app: 1. Open the Robinhood app on your mobile device. 2. Tap on the 'Account' tab at the bottom right corner of the screen. 3. Scroll down and select the cryptocurrency you want to cash out. 4. Tap on the 'Sell' button. 5. Enter the amount of cryptocurrency you want to sell. 6. Review the transaction details and tap on the 'Sell' button again to confirm. 7. Wait for the transaction to be processed. The funds will be credited to your Robinhood account. 8. If you want to transfer the funds to your bank account, go to the 'Account' tab and tap on 'Transfer to Your Bank' to initiate the transfer. That's it! You've successfully cashed out your cryptocurrencies on the Robinhood app.
  • avatarDec 27, 2021 · 3 years ago
    Cashing out cryptocurrencies on the Robinhood app is a straightforward process. Just follow these steps: 1. Launch the Robinhood app on your smartphone. 2. Tap on the 'Account' tab located at the bottom right corner of the screen. 3. Scroll down and select the cryptocurrency you wish to cash out. 4. Tap on the 'Sell' button. 5. Enter the amount of cryptocurrency you want to sell. 6. Review the transaction details and tap on the 'Sell' button again to confirm. 7. Wait for the transaction to be completed. The funds will be added to your Robinhood account balance. 8. If you want to transfer the funds to your bank account, go to the 'Account' tab and tap on 'Transfer to Your Bank' to initiate the transfer. That's all there is to it! You've successfully cashed out your cryptocurrencies using the Robinhood app.
  • avatarDec 27, 2021 · 3 years ago
    Cashing out cryptocurrencies on the Robinhood app is a breeze! Just follow these simple steps: 1. Open the Robinhood app on your phone. 2. Tap on the 'Account' tab at the bottom right. 3. Scroll down and select the cryptocurrency you want to cash out. 4. Tap on the 'Sell' button. 5. Enter the amount of cryptocurrency you wish to sell. 6. Review the transaction details and tap on the 'Sell' button again to confirm. 7. Wait for the transaction to process. The funds will be added to your Robinhood account. 8. If you want to transfer the funds to your bank account, go to the 'Account' tab and tap on 'Transfer to Your Bank' to initiate the transfer. That's it! You've successfully cashed out your cryptocurrencies on the Robinhood app.