What is the typical duration for unsettled funds on Robinhood when trading digital currencies?

3 answers

• Nazım ÇimenDec 04, 2020 · 5 years ago
  Typically, when you trade digital currencies on Robinhood, it takes about 5 business days for the funds to become settled. During this time, you won't be able to use the funds for further trading. It's important to keep this in mind and plan your trades accordingly.
  266

  133
• Epstein GeorgeNov 28, 2021 · 4 years ago
  The duration for unsettled funds on Robinhood when trading digital currencies is usually around 5 business days. This means that after you make a trade, you'll have to wait for the funds to become settled before you can use them for other trades. It's a standard practice in the industry to ensure the stability and security of transactions.
  341

  114
• sharp swordDec 14, 2024 · 8 months ago
  When trading digital currencies on Robinhood, the typical duration for unsettled funds is approximately 5 business days. This waiting period is in place to prevent any potential issues or fraud. It's important to be patient and wait for the funds to settle before making any further trades.
  290

  73