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What is the average time it takes to transfer funds from Robinhood to a bank for cryptocurrency transactions?

avatarIsaac LiDec 15, 2021 · 3 years ago3 answers

I would like to know the average time it usually takes to transfer funds from Robinhood to a bank for cryptocurrency transactions. Can you provide any insights on this? How long does it typically take for the funds to be available in my bank account?

What is the average time it takes to transfer funds from Robinhood to a bank for cryptocurrency transactions?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    The average time it takes to transfer funds from Robinhood to a bank for cryptocurrency transactions can vary depending on several factors. Generally, it takes around 3-5 business days for the funds to be available in your bank account. However, this timeframe may be longer or shorter depending on the specific bank and the volume of transactions at the time. It's always a good idea to check with your bank for their specific processing times.
  • avatarDec 15, 2021 · 3 years ago
    When transferring funds from Robinhood to a bank for cryptocurrency transactions, the average time for the funds to be available in your bank account is typically 3-5 business days. However, it's worth noting that this timeframe can vary depending on the bank and other factors. Some banks may have faster processing times, while others may take longer. It's always a good idea to check with your bank for their specific policies and processing times.
  • avatarDec 15, 2021 · 3 years ago
    Based on my experience at BYDFi, the average time it takes to transfer funds from Robinhood to a bank for cryptocurrency transactions is usually around 3-5 business days. However, please note that this timeframe can vary depending on the bank and other factors. It's always a good idea to check with your bank for their specific processing times and any potential delays. If you have any further questions, feel free to ask!