What are the withdrawal limits for a custodial account on Robinhood when trading cryptocurrencies?

3 answers

• May 10, 2022 · 3 years ago
  The withdrawal limits for a custodial account on Robinhood when trading cryptocurrencies vary depending on the account type and verification level. Generally, for a basic account, the daily withdrawal limit is $50,000 and the weekly limit is $100,000. However, these limits can be increased by upgrading to a Robinhood Gold account or by completing additional verification steps. It's important to note that these limits may change over time, so it's always best to check with Robinhood directly for the most up-to-date information.
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• May 10, 2022 · 3 years ago
  When it comes to withdrawing funds from a custodial account on Robinhood for cryptocurrency trading, the withdrawal limits can be a bit restrictive. For basic accounts, the daily withdrawal limit is set at $50,000 and the weekly limit is $100,000. However, if you upgrade to a Robinhood Gold account, you can enjoy higher limits. Keep in mind that these limits are subject to change and may vary based on your account verification level. It's always a good idea to check with Robinhood for the most accurate and up-to-date information on withdrawal limits.
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• May 10, 2022 · 3 years ago
  As an expert in the field, I can tell you that the withdrawal limits for a custodial account on Robinhood when trading cryptocurrencies can be a bit frustrating. For basic accounts, the daily withdrawal limit is $50,000 and the weekly limit is $100,000. However, if you want to increase these limits, you can upgrade to a Robinhood Gold account. With a Gold account, you can enjoy higher withdrawal limits and other benefits. Keep in mind that these limits may change over time, so it's always a good idea to stay updated with the latest information from Robinhood.
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