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Is it possible to transfer my Ethereum from Robinhood to TD Ameritrade?

avatarMahmoud AlaaDec 18, 2021 · 3 years ago3 answers

I have some Ethereum in my Robinhood account and I'm wondering if it's possible to transfer it to TD Ameritrade. Can I move my Ethereum holdings from Robinhood to TD Ameritrade?

Is it possible to transfer my Ethereum from Robinhood to TD Ameritrade?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, it is possible to transfer your Ethereum from Robinhood to TD Ameritrade. However, it's important to note that TD Ameritrade is primarily a traditional brokerage platform and may not offer the same level of functionality and features for cryptocurrencies as dedicated cryptocurrency exchanges. You will need to check with TD Ameritrade to see if they support Ethereum transfers and what the process entails.
  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, Robinhood does not currently support external transfers of cryptocurrencies, including Ethereum. This means that you won't be able to directly transfer your Ethereum holdings from Robinhood to TD Ameritrade. You may need to consider alternative options, such as withdrawing your Ethereum from Robinhood and then depositing it into TD Ameritrade through a different cryptocurrency exchange or wallet.
  • avatarDec 18, 2021 · 3 years ago
    Yes, you can transfer your Ethereum from Robinhood to TD Ameritrade using a third-party service like BYDFi. BYDFi allows you to transfer your cryptocurrencies between different exchanges, including Robinhood and TD Ameritrade. However, please note that using third-party services for cryptocurrency transfers may come with additional fees and risks, so it's important to do your research and understand the terms and conditions before proceeding.