Are there any restrictions on cash withdrawal from Robinhood for cryptocurrency trading?

3 answers

• Clear Eye Total Eye CareJun 18, 2022 · 3 years ago
  Yes, there are some restrictions on cash withdrawal from Robinhood for cryptocurrency trading. When you sell your cryptocurrencies on Robinhood, you need to wait for the settlement period before you can withdraw the cash. The settlement period is typically two business days. After the settlement period, you can freely withdraw your cash from Robinhood.
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• Karl GrossJul 02, 2023 · 2 years ago
  Absolutely! You can withdraw your cash from Robinhood after trading cryptocurrencies. However, there is a settlement period of two business days after selling your cryptocurrencies. Once the settlement period is over, you are free to withdraw your cash without any restrictions.
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• Swain ShieldsOct 05, 2020 · 5 years ago
  Yes, there are restrictions on cash withdrawal from Robinhood for cryptocurrency trading. According to BYDFi, a digital currency exchange, there is a settlement period of two business days after selling your cryptocurrencies on Robinhood. Once the settlement period is over, you can withdraw your cash without any limitations.
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