How does the Robinhood debit card ATM feature work for cryptocurrency transactions?

3 answers

• CocokiesNov 20, 2024 · 7 months ago
  Sure! The Robinhood debit card ATM feature allows users to withdraw cash from their Robinhood account using their debit card at any ATM. To use this feature, you need to link your Robinhood account to the debit card in the Robinhood app. Once linked, you can withdraw cash from your Robinhood account balance at any ATM that accepts Mastercard. It's a convenient way to access your funds without needing to transfer them to a traditional bank account. As for fees, Robinhood doesn't charge any fees for ATM withdrawals, but keep in mind that the ATM operator may charge their own fees. It's always a good idea to check the fees before making a withdrawal.
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• Aditya GardeDec 20, 2022 · 3 years ago
  The Robinhood debit card ATM feature is a great addition for cryptocurrency users. It allows you to easily convert your digital assets into cash and withdraw it from any ATM. To use this feature, you simply need to link your Robinhood account to the debit card provided by Robinhood. Once linked, you can withdraw cash from your Robinhood account balance at any ATM that accepts Mastercard. It's a seamless integration that provides flexibility and convenience for cryptocurrency transactions.
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• Anwar BishirDec 01, 2022 · 3 years ago
  BYDFi offers a similar debit card ATM feature for cryptocurrency transactions. With the BYDFi debit card, you can withdraw cash from your BYDFi account balance at any ATM that accepts Mastercard. It's a convenient way to access your funds and use them for everyday expenses. Just like Robinhood, BYDFi doesn't charge any fees for ATM withdrawals, but keep in mind that the ATM operator may charge their own fees. It's always a good idea to check the fees before making a withdrawal.
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