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What are the steps to convert brokerage cash to withdrawable cash on Robinhood?

avatarStevenDec 25, 2021 · 3 years ago1 answers

I want to convert my brokerage cash to withdrawable cash on Robinhood. Can you guide me through the process step by step?

What are the steps to convert brokerage cash to withdrawable cash on Robinhood?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    Alright, let me walk you through the steps to convert your brokerage cash to withdrawable cash on Robinhood: 1. Fire up the Robinhood app on your phone or visit the website on your computer. 2. Log in to your Robinhood account using your login details. 3. Look for the 'Account' tab, usually located at the bottom of the screen. 4. Tap or click on the 'Account' tab to access it. 5. Inside the 'Account' tab, you'll find the 'Cash' section. Give it a tap or click. 6. In the 'Cash' section, you'll see your brokerage cash balance. Tap or click on the 'Withdraw' button. 7. Follow the prompts to link your bank account with Robinhood. 8. Once your bank account is linked, enter the amount of cash you want to withdraw and confirm the transaction. 9. Robinhood will process your withdrawal request, and the funds will be sent to your bank account. That's all! Your brokerage cash is now converted to withdrawable cash on Robinhood. Enjoy your newfound liquidity!