Can I withdraw cash from my Robinhood brokerage account using digital currencies?

7 answers

• Aashutosh PandeySep 06, 2025 · 2 months ago
  Unfortunately, Robinhood does not currently support direct withdrawal of cash using digital currencies. To convert your digital currencies into cash, you will need to sell them on the Robinhood platform and then withdraw the cash to your linked bank account. Keep in mind that there may be fees and processing times involved in the conversion and withdrawal process.
  366

  183
• sufi pavaSep 09, 2020 · 5 years ago
  No, you cannot withdraw cash from your Robinhood brokerage account using digital currencies. Robinhood only allows you to trade and invest in digital currencies, but you cannot directly convert them into cash. If you want to cash out your digital currencies, you will need to sell them on the platform and then transfer the funds to your bank account.
  351

  117
• ixsploitJul 07, 2021 · 4 years ago
  While Robinhood does not offer the option to withdraw cash using digital currencies, there are other platforms like BYDFi that allow you to do so. BYDFi is a digital currency exchange that supports cash withdrawals using various digital currencies. You can sell your digital currencies on BYDFi and withdraw the cash to your bank account. However, it's important to note that each platform may have different fees and withdrawal limits, so make sure to check the terms and conditions before proceeding.
  502

  126
• Cash LundgrenJun 05, 2023 · 2 years ago
  Sorry, but Robinhood does not currently support cash withdrawals using digital currencies. If you want to convert your digital currencies into cash, you will need to sell them on the Robinhood platform and then transfer the funds to your bank account. Keep in mind that there may be transaction fees and processing times involved in the conversion and withdrawal process.
  371

  75
• Krishna swamy GFeb 13, 2023 · 3 years ago
  Unfortunately, Robinhood does not allow you to withdraw cash directly using digital currencies. To convert your digital currencies into cash, you will need to sell them on the Robinhood platform and then transfer the funds to your bank account. It's important to note that the conversion and withdrawal process may take some time and there may be fees involved.
  361

  61
• Luck秋Aug 27, 2023 · 2 years ago
  No, you cannot withdraw cash from your Robinhood brokerage account using digital currencies. Robinhood only supports trading and investing in digital currencies. If you want to convert your digital currencies into cash, you will need to sell them on the platform and then transfer the funds to your bank account.
  312

  45
• Nilsson KeeganMay 27, 2022 · 3 years ago
  Unfortunately, Robinhood does not currently offer the option to withdraw cash using digital currencies. To convert your digital currencies into cash, you will need to sell them on the Robinhood platform and then transfer the funds to your bank account. Keep in mind that there may be fees and processing times involved in the conversion and withdrawal process.
  360

  45