When you sell on Robinhood, what happens to the funds from the transaction?

3 answers

• Dec 28, 2021 · 3 years ago
  When you sell your cryptocurrency on Robinhood, the funds from the transaction are typically immediately available for withdrawal. However, it's important to note that there may be certain restrictions or waiting periods depending on the specific cryptocurrency and the amount of the transaction. It's always a good idea to check the details and terms of your specific transaction on the Robinhood platform to ensure you have a clear understanding of any potential restrictions or delays.
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• Dec 28, 2021 · 3 years ago
  Once you sell your cryptocurrency on Robinhood, the funds will be credited to your account balance. From there, you have the option to withdraw the funds to your linked bank account or use them to make other trades on the platform. It's worth mentioning that Robinhood may have certain withdrawal limits or processing times, so it's advisable to review their terms and conditions for more information.
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• Dec 28, 2021 · 3 years ago
  When you sell your cryptocurrency on Robinhood, the funds from the transaction will be added to your account balance. As a third-party cryptocurrency exchange, Robinhood provides a seamless experience for buying and selling cryptocurrencies. You can then choose to withdraw the funds to your linked bank account or keep them in your Robinhood account for future trading activities. It's important to note that each cryptocurrency may have different withdrawal limits and processing times, so it's recommended to review the specific details for each transaction.
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