What is the waiting period for withdrawing funds after selling digital currencies on Robinhood?

3 answers

• Dec 18, 2021 · 3 years ago
  After selling digital currencies on Robinhood, the waiting period for withdrawing funds varies depending on the specific currency and the type of account you have. In general, it can take anywhere from one to five business days for the funds to become available in your account. This waiting period is due to the time it takes for the transaction to be processed and verified by the blockchain network. Once the funds are available, you can initiate a withdrawal and the money will be transferred to your linked bank account.
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• Dec 18, 2021 · 3 years ago
  When it comes to withdrawing funds after selling digital currencies on Robinhood, the waiting period can be a bit frustrating. It typically takes around three business days for the funds to settle and become available for withdrawal. However, this timeframe can vary depending on various factors such as network congestion and the specific cryptocurrency you sold. It's always a good idea to check your account balance and transaction history to see if the funds have been settled before attempting to withdraw.
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• Dec 18, 2021 · 3 years ago
  When you sell digital currencies on Robinhood, the waiting period for withdrawing funds can be as short as one business day or as long as five business days. The exact timeframe depends on the specific cryptocurrency you sold and the type of account you have. For example, if you sold Bitcoin, the waiting period might be shorter compared to selling a less popular cryptocurrency. It's important to note that this waiting period is not unique to Robinhood and is a standard practice across most cryptocurrency exchanges. If you have any concerns or questions about the withdrawal process, it's always a good idea to reach out to Robinhood's customer support for assistance.
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