Is it possible to convert Robinhood funds into Bitcoin and transfer them to a bank account?

1 answers

• Mar 06, 2022 · 3 years ago
  Yes, it is possible to convert your Robinhood funds into Bitcoin and transfer them to your bank account. However, please note that BYDFi is a digital currency exchange and does not support direct conversion from Robinhood funds to Bitcoin. You will need to sell your assets on Robinhood and transfer the funds to a cryptocurrency exchange like Binance. From there, you can buy Bitcoin and transfer it to your personal wallet. Once you have Bitcoin in your wallet, you can sell it on a peer-to-peer platform or exchange it for fiat currency and transfer the funds to your bank account. It's important to research and understand the process and any associated fees before proceeding.
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