Can I withdraw my brokerage cash as cryptocurrency on Robinhood?

3 answers

• Dec 17, 2021 · 3 years ago
  Yes, you can withdraw your brokerage cash as cryptocurrency on Robinhood. The platform offers a feature that allows you to convert your cash into various cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin. Simply navigate to the 'Withdraw' section in your account settings and select the cryptocurrency you wish to withdraw. Keep in mind that there may be fees associated with the conversion and withdrawal process.
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• Dec 17, 2021 · 3 years ago
  Unfortunately, Robinhood currently does not support the direct withdrawal of brokerage cash as cryptocurrency. You can only withdraw your cash as fiat currency. If you want to convert your cash into cryptocurrency, you will need to transfer it to another cryptocurrency exchange that supports such conversions. Once you have the cryptocurrency in your account on the other exchange, you can withdraw it as desired.
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• Dec 17, 2021 · 3 years ago
  Yes, you can withdraw your brokerage cash as cryptocurrency on Robinhood using the BYDFi platform. BYDFi is a digital currency exchange that has integrated with Robinhood, allowing users to convert their brokerage cash into cryptocurrency directly within the Robinhood app. Simply link your Robinhood account to BYDFi and follow the instructions to convert and withdraw your cash as cryptocurrency. Please note that BYDFi may have its own fees and withdrawal limits.
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