Can I transfer cryptocurrencies from other exchanges to my Roobinhood account?

1 answers

• Nov 23, 2021 · 3 years ago
  Yes, you can transfer cryptocurrencies from other exchanges to your Roobinhood account. To do so, you will need to follow these steps: 1. Log in to your Roobinhood account and navigate to the 'Transfer' section. 2. Select the cryptocurrency you want to transfer and click on the 'Deposit' button. 3. You will be provided with a wallet address for that specific cryptocurrency. 4. Go to the exchange where your cryptocurrencies are currently held and initiate a withdrawal. 5. Enter the Roobinhood wallet address as the destination address and specify the amount you want to transfer. 6. Confirm the withdrawal and wait for the transaction to be processed. It's important to note that each cryptocurrency has its own blockchain network, so the transfer time may vary depending on the network congestion and the exchange's withdrawal processing time.
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