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What are the steps to convert my digital currencies to cash on Robinhood and transfer it to my bank?

avatarNilesh ShembadeDec 15, 2021 · 3 years ago3 answers

I have some digital currencies and I want to convert them to cash on Robinhood and then transfer the cash to my bank account. What are the steps I need to follow to do this?

What are the steps to convert my digital currencies to cash on Robinhood and transfer it to my bank?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! Converting your digital currencies to cash on Robinhood and transferring it to your bank account is a straightforward process. Here are the steps you need to follow: 1. Open the Robinhood app on your mobile device or visit the Robinhood website on your computer. 2. Log in to your Robinhood account or create a new account if you don't have one already. 3. Navigate to the 'Investing' tab and select 'Crypto' from the dropdown menu. 4. Choose the digital currency you want to convert to cash from the list of available options. 5. Click on the 'Sell' button and enter the amount of digital currency you want to sell. 6. Review the transaction details and confirm the sale. 7. Once the sale is complete, the cash will be available in your Robinhood account. 8. To transfer the cash to your bank account, go to the 'Account' tab and select 'Transfer' from the dropdown menu. 9. Choose 'Bank Account' as the transfer method and enter your bank account details. 10. Review the transfer details and confirm the transaction. That's it! The cash will be transferred from your Robinhood account to your bank account within a few business days.
  • avatarDec 15, 2021 · 3 years ago
    Converting your digital currencies to cash on Robinhood and transferring it to your bank account is a simple process. Follow these steps: 1. Open the Robinhood app or website and log in to your account. 2. Go to the 'Crypto' section under the 'Investing' tab. 3. Select the digital currency you want to convert to cash. 4. Click on the 'Sell' button and enter the amount you want to sell. 5. Review the transaction details and confirm the sale. 6. The cash will be credited to your Robinhood account. 7. To transfer the cash to your bank account, go to the 'Account' tab. 8. Choose 'Transfer' and then 'Bank Account'. 9. Enter your bank account details and confirm the transfer. That's it! The cash will be transferred to your bank account within a few business days.
  • avatarDec 15, 2021 · 3 years ago
    Converting your digital currencies to cash on Robinhood and transferring it to your bank account is a breeze. Just follow these steps: 1. Open the Robinhood app or visit the website. 2. Log in to your account or create a new one. 3. Go to the 'Crypto' section. 4. Select the digital currency you want to sell. 5. Enter the amount you want to sell and click on the 'Sell' button. 6. Confirm the sale and the cash will be added to your Robinhood account. 7. To transfer the cash to your bank account, go to the 'Account' section. 8. Choose 'Transfer' and then 'Bank Account'. 9. Enter your bank account details and confirm the transfer. That's it! The cash will be transferred to your bank account in a few business days. If you have any issues, you can contact Robinhood support for assistance.