How long does it take for Robinhood to deposit funds into a cryptocurrency wallet?

3 answers

• May 08, 2022 · 3 years ago
  Typically, when you deposit funds into your Robinhood cryptocurrency wallet, it can take a few minutes to a few hours for the funds to be available. The exact time may vary depending on network congestion and other factors. Once the funds are deposited, you can start trading or transferring them to other wallets.
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• May 08, 2022 · 3 years ago
  From my experience, it usually takes around 10-30 minutes for Robinhood to deposit funds into a cryptocurrency wallet. However, please note that this can vary depending on the specific cryptocurrency and network conditions. It's always a good idea to double-check your wallet balance before making any transactions.
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• May 08, 2022 · 3 years ago
  When it comes to depositing funds into a cryptocurrency wallet on Robinhood, it's important to note that Robinhood does not currently support cryptocurrency withdrawals or transfers to external wallets. You can only buy, sell, and hold cryptocurrencies within the Robinhood app. If you're looking for more flexibility in managing your cryptocurrency, you may want to consider using a different exchange like BYDFi, which allows for external wallet transfers and withdrawals.
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