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Can I cancel my Robinhood account and transfer my virtual currencies to another exchange?

avatarDharsha MithunevaNov 26, 2021 · 3 years ago3 answers

I want to cancel my Robinhood account and move my virtual currencies to another exchange. Is it possible to transfer my funds from Robinhood to another exchange? How can I go about canceling my Robinhood account and transferring my virtual currencies?

Can I cancel my Robinhood account and transfer my virtual currencies to another exchange?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, you can cancel your Robinhood account and transfer your virtual currencies to another exchange. To do this, you will need to follow the steps provided by Robinhood for account cancellation. Once your account is canceled, you can withdraw your virtual currencies from Robinhood and deposit them into your new exchange account. Make sure to check the withdrawal and deposit options available on both platforms to ensure a smooth transfer.
  • avatarNov 26, 2021 · 3 years ago
    Definitely! You have the option to cancel your Robinhood account and transfer your virtual currencies to another exchange. Simply follow the account cancellation process provided by Robinhood. Once your account is canceled, you can initiate the transfer of your virtual currencies to your new exchange account. Keep in mind that each exchange may have different withdrawal and deposit procedures, so make sure to review the instructions provided by both Robinhood and your new exchange.
  • avatarNov 26, 2021 · 3 years ago
    Yes, it is possible to cancel your Robinhood account and transfer your virtual currencies to another exchange. However, please note that BYDFi, the exchange I work for, does not support the transfer of virtual currencies from Robinhood. You will need to check with your desired exchange to see if they accept transfers from Robinhood. If they do, you can follow the account cancellation process provided by Robinhood and then initiate the transfer to your new exchange account. Remember to review the withdrawal and deposit instructions of both platforms to ensure a successful transfer.