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Why hasn't my money been deposited after selling crypto on Robinhood?

avatarKlavsen ChambersDec 31, 2021 · 3 years ago1 answers

I recently sold some cryptocurrency on Robinhood, but I haven't received the money in my account yet. Why hasn't my money been deposited after selling crypto on Robinhood?

Why hasn't my money been deposited after selling crypto on Robinhood?

1 answers

  • avatarDec 31, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that Robinhood operates on a T+2 settlement cycle, which means it takes two business days for the funds from your crypto sale to be settled and deposited into your account. This is a standard practice in the financial industry and helps ensure the smooth functioning of the market. However, if it has been more than two business days and you still haven't received your money, it's best to contact Robinhood's customer support for further assistance. They will be able to investigate the issue and provide you with a resolution.