common-close-0
BYDFi
Trade wherever you are!

What are the steps to withdraw the funds from my Robinhood account and convert them into cryptocurrency?

avatarManuel sadot Sanchez memdezDec 25, 2021 · 3 years ago1 answers

I want to withdraw funds from my Robinhood account and convert them into cryptocurrency. Can you guide me through the steps?

What are the steps to withdraw the funds from my Robinhood account and convert them into cryptocurrency?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    Alright, here's what you need to do to withdraw funds from your Robinhood account and convert them into cryptocurrency: 1. Open the Robinhood app and log in to your account. 2. Tap on the 'Account' tab at the bottom of the screen. 3. Scroll down and tap on 'Transfer' or 'Withdraw'. 4. Enter the amount you want to withdraw and select the bank account you want to transfer the funds to. 5. Confirm the withdrawal and wait for the funds to be transferred to your bank account. 6. Once the funds are in your bank account, you can transfer them to a cryptocurrency exchange. 7. Sign up for an account on a cryptocurrency exchange. 8. Complete the verification process on the exchange. 9. Deposit the funds from your bank account to your cryptocurrency exchange account. 10. Choose the cryptocurrency you want to buy and place an order. 11. Wait for the order to be executed and the cryptocurrency to be added to your exchange account. That's it! You have successfully withdrawn funds from your Robinhood account and converted them into cryptocurrency.