How long does it take to withdraw cash from Robinhood and convert it into cryptocurrency?

3 answers

• Hector ChavarriaFeb 26, 2022 · 3 years ago
  To withdraw cash from Robinhood and convert it into cryptocurrency, you first need to sell your stocks or other assets on the platform. Once you have the cash in your Robinhood account, you can initiate a withdrawal. The timeframe for the withdrawal depends on your bank and can range from a few hours to a few business days. After you have withdrawn the cash, you can then use it to buy cryptocurrency on a different exchange. The time it takes to convert the cash into cryptocurrency will depend on the exchange you choose and the specific cryptocurrency you want to buy. It can range from a few minutes to several hours.
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• Amir ali SadeghiJun 04, 2021 · 4 years ago
  Withdrawing cash from Robinhood and converting it into cryptocurrency is a straightforward process. First, you need to sell your stocks or other assets on Robinhood to get cash in your account. Once you have the cash, you can initiate a withdrawal. The withdrawal process usually takes a few business days, depending on your bank. After you have withdrawn the cash, you can transfer it to a cryptocurrency exchange and use it to buy the cryptocurrency of your choice. The time it takes to convert the cash into cryptocurrency will depend on the exchange's processing time and the specific cryptocurrency you want to buy.
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• MorddyOct 22, 2020 · 5 years ago
  When it comes to withdrawing cash from Robinhood and converting it into cryptocurrency, the process can vary. After selling your stocks or assets on Robinhood, you can initiate a withdrawal. The timeframe for the withdrawal depends on your bank and can take anywhere from a few hours to a few business days. Once you have the cash, you can transfer it to a cryptocurrency exchange and use it to buy the cryptocurrency of your choice. The time it takes to convert the cash into cryptocurrency will depend on the exchange's processing time and the specific cryptocurrency you want to buy. It can range from a few minutes to several hours. Please note that different exchanges may have different processing times, so it's always a good idea to check with the exchange you plan to use for the most accurate information.
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