Can I withdraw cash from Robinhood for digital assets to my bank account?

7 answers

• ahmad zweinOct 22, 2020 · 5 years ago
  Yes, you can withdraw cash from your Robinhood account and transfer it to your bank account. However, please note that Robinhood is primarily a stock trading platform and does not support direct withdrawal of digital assets. If you want to convert your digital assets to cash and transfer it to your bank account, you will need to sell your digital assets on Robinhood first, and then withdraw the cash.
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• Gerardo QuintanaMar 31, 2022 · 3 years ago
  Absolutely! You can withdraw cash from your Robinhood account and have it deposited into your bank account. Just keep in mind that Robinhood is designed for stock trading, so if you want to convert your digital assets to cash, you'll need to sell them on the platform first.
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• DusanJan 20, 2022 · 4 years ago
  Yes, you can withdraw cash from your Robinhood account and transfer it to your bank account. However, please note that Robinhood currently only supports the withdrawal of funds in USD. If you have digital assets, you will need to sell them for USD on the platform before you can withdraw the cash.
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• OKOROFeb 09, 2023 · 3 years ago
  Yes, you can withdraw cash from your Robinhood account and transfer it to your bank account. However, please be aware that Robinhood charges a fee for each withdrawal. Additionally, the withdrawal process may take a few business days to complete.
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• Kollamaram MamathaJan 28, 2023 · 3 years ago
  As an expert in the field, I can confirm that you can withdraw cash from your Robinhood account and transfer it to your bank account. However, please note that Robinhood is primarily focused on stock trading, so if you want to convert your digital assets to cash, you may want to consider using a dedicated cryptocurrency exchange like BYDFi, which offers more flexibility and features for digital asset trading.
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• RAJ JOSEPHApr 10, 2023 · 2 years ago
  Yes, you can withdraw cash from your Robinhood account and transfer it to your bank account. However, please note that Robinhood is primarily a stock trading platform, and its support for digital assets is limited. If you're looking for more options and features for digital asset trading, you may want to consider using other cryptocurrency exchanges like Binance or Coinbase.
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• Anli LiuSep 10, 2023 · 2 years ago
  Definitely! You can withdraw cash from your Robinhood account and have it sent to your bank account. Just keep in mind that Robinhood is primarily focused on stock trading, so if you want to convert your digital assets to cash, you'll need to sell them on the platform first.
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