Is it possible to transfer the proceeds from selling Robinhood stock directly to my digital wallet?

3 answers

• Lunde JohansenDec 16, 2020 · 5 years ago
  Unfortunately, Robinhood currently does not support direct transfers of proceeds from selling stocks to digital wallets. The platform primarily focuses on traditional banking methods for transferring funds. However, you can withdraw the money from your Robinhood account to your bank account and then transfer it to your digital wallet from there.
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• Harrington MikkelsenMar 01, 2021 · 4 years ago
  Nope, you can't transfer the proceeds from selling Robinhood stock directly to your digital wallet. Robinhood only allows withdrawals to bank accounts. If you want to move your funds to a digital wallet, you'll have to go through the extra step of transferring the money from your bank account to your digital wallet.
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• Alexander AlonsoFeb 16, 2023 · 2 years ago
  While Robinhood doesn't offer direct transfers to digital wallets, there are other platforms that do. BYDFi, for example, allows you to transfer the proceeds from selling stocks directly to your digital wallet. It's a convenient option for those who prefer to keep their funds in a digital wallet rather than a bank account.
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