Can I close my Robinhood account and still keep my cryptocurrency holdings?

7 answers

• PriyanshaMar 12, 2021 · 5 years ago
  Yes, you can close your Robinhood account and still keep your cryptocurrency holdings. When you close your account, your cryptocurrencies will be transferred to a separate wallet that you control. This means that you will still have full ownership and control over your cryptocurrencies even after closing your Robinhood account.
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• Honey jeeJun 26, 2023 · 3 years ago
  Absolutely! Closing your Robinhood account does not mean losing your cryptocurrency holdings. Robinhood allows you to transfer your cryptocurrencies to an external wallet before closing your account. By doing so, you can continue to hold and manage your cryptocurrencies independently.
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• ShreyashAug 21, 2023 · 3 years ago
  Yes, you can definitely close your Robinhood account and still retain your cryptocurrency holdings. However, it's important to note that the process may vary depending on the platform you choose to transfer your cryptocurrencies to. For example, if you decide to transfer your holdings to BYDFi, you'll need to follow their specific instructions for account closure and wallet transfer. But rest assured, your cryptocurrencies will remain safe and accessible.
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• Robert MilanJan 30, 2025 · a year ago
  Closing your Robinhood account won't affect your cryptocurrency holdings. You can simply transfer your cryptocurrencies to another exchange or a personal wallet of your choice. Just make sure to follow the necessary steps and guidelines provided by the receiving platform to ensure a smooth transfer process.
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• SIDESH S AI-DSJul 09, 2024 · 2 years ago
  Definitely! You have the freedom to close your Robinhood account without losing your cryptocurrency holdings. Robinhood allows you to transfer your cryptocurrencies to an external wallet or another exchange before closing your account. This way, you can continue to manage and trade your cryptocurrencies without any interruptions.
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• Hess HvidMar 08, 2021 · 5 years ago
  Yes, you can close your Robinhood account and still retain your cryptocurrency holdings. It's important to remember that your cryptocurrencies are stored on the blockchain, not within the Robinhood platform. By closing your account, you're simply removing your connection to Robinhood, but your ownership and control over your cryptocurrencies remain intact.
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• lc DhuvareSep 26, 2022 · 4 years ago
  Of course! Closing your Robinhood account won't affect your cryptocurrency holdings. You can transfer your cryptocurrencies to a hardware wallet, software wallet, or another exchange of your choice. This way, you'll have complete control over your holdings and can continue to manage them as you see fit.
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