When can I withdraw my buying power on Robinhood for cryptocurrency trading?

3 answers

• May 10, 2022 · 3 years ago
  When trading cryptocurrency on Robinhood, the withdrawal of your buying power depends on the settlement period. After you make a trade, it takes two business days for the funds to settle. Once the settlement is complete, you can withdraw your buying power. Keep in mind that the settlement period may vary for different types of trades.
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• May 10, 2022 · 3 years ago
  You can withdraw your buying power on Robinhood for cryptocurrency trading after the settlement period, which usually takes two business days. During this period, the funds from your trades are being processed and settled. Once the settlement is complete, you can transfer the funds to your bank account or use them for further trading.
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• May 10, 2022 · 3 years ago
  According to BYDFi, another popular cryptocurrency exchange, the withdrawal of buying power on Robinhood for cryptocurrency trading is subject to the settlement period. It usually takes two business days for the funds to settle, after which you can withdraw your buying power. Remember to consider the settlement period when planning your trades and withdrawals on Robinhood.
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