What are the steps to cash out on Robinhood using cryptocurrency?

3 answers

• Amirhossein FoadionMay 12, 2021 · 4 years ago
  Sure! To cash out on Robinhood using cryptocurrency, follow these steps: 1. Open the Robinhood app and navigate to the 'Investing' tab. 2. Tap on the cryptocurrency you want to cash out. 3. On the cryptocurrency's detail page, tap on the 'Sell' button. 4. Enter the amount of cryptocurrency you want to sell. 5. Review the details and tap on the 'Sell' button to confirm the transaction. 6. Once the transaction is complete, the cash will be added to your Robinhood account balance. 7. You can then withdraw the cash to your linked bank account. Please note that there may be fees associated with selling cryptocurrency on Robinhood, so make sure to review the fee schedule before proceeding.
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• John SterlingMar 11, 2023 · 3 years ago
  Cashing out on Robinhood using cryptocurrency is a straightforward process. Here's what you need to do: 1. Launch the Robinhood app on your device. 2. Go to the 'Investing' section. 3. Select the cryptocurrency you want to cash out. 4. Tap on the 'Sell' button. 5. Enter the amount of cryptocurrency you wish to sell. 6. Review the transaction details and confirm the sale. 7. Once the sale is complete, the cash will be credited to your Robinhood account. 8. You can then transfer the cash to your linked bank account. Remember to consider any applicable fees and taxes before cashing out.
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• ShamikkshaAug 29, 2023 · 2 years ago
  When it comes to cashing out on Robinhood using cryptocurrency, the process is quite simple. Just follow these steps: 1. Open the Robinhood app and navigate to the 'Investing' tab. 2. Choose the cryptocurrency you want to cash out. 3. Tap on the 'Sell' button. 4. Specify the amount of cryptocurrency you wish to sell. 5. Review the transaction details and confirm the sale. 6. Once the sale is complete, the cash will be available in your Robinhood account. 7. From there, you can withdraw the cash to your linked bank account. Keep in mind that transaction fees may apply, so it's a good idea to check the fee schedule beforehand.
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