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How long does it usually take for Robinhood to approve a Bitcoin purchase?

avatarRobb AaenNov 24, 2021 · 3 years ago3 answers

I want to buy Bitcoin on Robinhood, but I'm not sure how long it takes for them to approve the purchase. Can anyone tell me the typical timeframe for Robinhood to approve a Bitcoin purchase?

How long does it usually take for Robinhood to approve a Bitcoin purchase?
Robinhood
Bitcoin
Purchase

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Usually, it takes about 1-3 business days for Robinhood to approve a Bitcoin purchase. However, the exact timeframe may vary depending on the current demand and market conditions. It's always a good idea to check Robinhood's website or contact their customer support for the most accurate information.
  • avatarNov 24, 2021 · 3 years ago
    From my experience, it usually takes around 2 business days for Robinhood to approve a Bitcoin purchase. However, keep in mind that this can be longer during periods of high demand or market volatility. Patience is key when it comes to buying Bitcoin on Robinhood!
  • avatarNov 24, 2021 · 3 years ago
    When it comes to approving Bitcoin purchases, Robinhood typically takes 1-3 business days. However, please note that I work at BYDFi, a different cryptocurrency exchange, and I cannot provide specific information about Robinhood's approval process. It's always best to reach out to Robinhood directly for the most accurate and up-to-date information.

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