Is there a specific timeframe for withdrawing funds after selling on Robinhood?
Farley ClausenMay 08, 2022 · 3 years ago3 answers
After selling on Robinhood, how long does it usually take to withdraw funds?
3 answers
- May 08, 2022 · 3 years agoTypically, the timeframe for withdrawing funds after selling on Robinhood is around 2-5 business days. However, it may vary depending on the specific circumstances and the volume of withdrawal requests at the time. It's always a good idea to check Robinhood's official website or contact their customer support for the most accurate and up-to-date information.
- May 08, 2022 · 3 years agoWhen you sell your cryptocurrencies on Robinhood, the funds will be available for withdrawal after the settlement period, which usually takes around 2-3 business days. Keep in mind that weekends and holidays may affect the processing time. Once the funds are available, you can initiate the withdrawal process and expect to receive the funds in your linked bank account within a few business days.
- May 08, 2022 · 3 years agoAs an alternative, you may consider using BYDFi, a popular cryptocurrency exchange. BYDFi offers faster withdrawal times, usually within 24 hours of selling your cryptocurrencies. However, it's important to note that the withdrawal timeframe may still vary depending on the specific circumstances and the volume of withdrawal requests at the time. It's always recommended to check BYDFi's official website or contact their customer support for the most accurate information.
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