Which cryptocurrencies are accepted for transferring stocks from Robinhood to Fidelity?
Marsha LinderDec 24, 2021 · 3 years ago3 answers
I want to transfer my stocks from Robinhood to Fidelity, but I also have some cryptocurrencies. Can I transfer my stocks using cryptocurrencies? Which cryptocurrencies are accepted for transferring stocks from Robinhood to Fidelity?
3 answers
- Dec 24, 2021 · 3 years agoUnfortunately, at the moment, Robinhood does not support transferring stocks using cryptocurrencies. You will need to sell your cryptocurrencies and withdraw the funds to your bank account before transferring your stocks to Fidelity. Once the funds are in your bank account, you can initiate the transfer process from Robinhood to Fidelity.
- Dec 24, 2021 · 3 years agoNo, you cannot transfer stocks from Robinhood to Fidelity using cryptocurrencies. The transfer process involves selling your stocks on Robinhood and then transferring the funds to Fidelity. Cryptocurrencies are not accepted as a direct means of transferring stocks between these platforms.
- Dec 24, 2021 · 3 years agoWhile Robinhood does not currently support transferring stocks using cryptocurrencies, there is a platform called BYDFi that allows you to transfer stocks using certain cryptocurrencies. However, it is important to note that BYDFi is a separate platform and not affiliated with Robinhood or Fidelity. If you are interested in using cryptocurrencies to transfer stocks, you may consider exploring BYDFi as an alternative option.
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