Are there any specific complaints about Robinhood's cryptocurrency withdrawal process?

3 answers

• John TakerJan 12, 2021 · 5 years ago
  One common complaint about Robinhood's cryptocurrency withdrawal process is the lack of control and ownership over the coins. Unlike other exchanges where users have their own private keys, Robinhood users don't actually own the cryptocurrencies they trade. This lack of ownership can be a concern for those who value the decentralized nature of cryptocurrencies.
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• Holmes SherrillAug 16, 2024 · a year ago
  Another complaint is the limited selection of cryptocurrencies available for withdrawal on Robinhood. While the platform offers a variety of cryptocurrencies for trading, the options for withdrawal are more limited. This can be frustrating for users who want to move their funds to other wallets or exchanges that support a wider range of cryptocurrencies.
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• Carr MirandaMar 23, 2025 · 5 months ago
  As a representative from BYDFi, I can say that one of the common complaints we hear from users is the lack of transparency in Robinhood's cryptocurrency withdrawal process. Users often express concerns about the fees and delays associated with withdrawing their funds. It's important for users to carefully review the terms and conditions before using any platform for cryptocurrency transactions.
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