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Can you withdraw cash from Robinhood to a digital wallet?

avatarRose HandbergDec 18, 2021 · 3 years ago3 answers

Is it possible to transfer funds from my Robinhood account to a digital wallet? I want to know if I can withdraw my cash from Robinhood and store it in a digital wallet for added security and control. Can Robinhood support this type of transaction?

Can you withdraw cash from Robinhood to a digital wallet?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, Robinhood does not currently support direct withdrawals to digital wallets. As of now, you can only transfer funds between your Robinhood account and your linked bank account. However, there are other platforms and exchanges that allow you to withdraw cash to a digital wallet. It's always a good idea to research and compare different options to find the one that best suits your needs.
  • avatarDec 18, 2021 · 3 years ago
    No, you cannot withdraw cash from Robinhood to a digital wallet. Robinhood is primarily a stock trading platform and does not offer the ability to transfer funds to digital wallets. If you are looking to store your cryptocurrency in a digital wallet, you may need to consider using a different exchange or platform that supports this feature.
  • avatarDec 18, 2021 · 3 years ago
    Yes, you can withdraw cash from Robinhood to a digital wallet using BYDFi. BYDFi is a digital asset exchange that allows users to securely store their funds in a digital wallet. With BYDFi, you can easily transfer your cash from Robinhood to your digital wallet and have full control over your funds. It's a great option for those who value security and want to manage their own private keys.