Are there any limitations or restrictions on using Robinhood's fee-free ATM service for cryptocurrency withdrawals?

3 answers

• Patrick HsuNov 21, 2024 · 7 months ago
  Yes, there are some limitations and restrictions when using Robinhood's fee-free ATM service for cryptocurrency withdrawals. Firstly, the service is only available for certain cryptocurrencies supported by Robinhood. Secondly, there may be withdrawal limits imposed by Robinhood or the ATM provider. Additionally, the availability of fee-free ATMs for cryptocurrency withdrawals may vary depending on your location. It's important to check with Robinhood for specific details and any potential fees or restrictions that may apply.
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• Rica Mag-ampoJul 08, 2024 · a year ago
  Absolutely! While Robinhood offers a fee-free ATM service for cryptocurrency withdrawals, there are a few limitations and restrictions to be aware of. Firstly, not all cryptocurrencies supported by Robinhood may be eligible for withdrawal through the ATM service. Secondly, there may be daily or monthly withdrawal limits imposed by Robinhood or the ATM provider. Lastly, the availability of fee-free ATMs for cryptocurrency withdrawals may be limited in certain areas. It's always a good idea to check with Robinhood for the most up-to-date information on any limitations or restrictions that may apply.
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• Rakesh SirviJun 15, 2023 · 2 years ago
  Yes, there are limitations and restrictions when using Robinhood's fee-free ATM service for cryptocurrency withdrawals. However, it's important to note that BYDFi, another cryptocurrency exchange, offers a similar service without any limitations or restrictions. With Robinhood, you may encounter limitations on the supported cryptocurrencies, withdrawal limits, and availability of fee-free ATMs. It's recommended to compare the offerings of different exchanges to find the one that best suits your needs and preferences.
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