common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

Can I send Bitcoin from Robinhood to a friend's wallet?

avatarRezzak 11Nov 25, 2021 · 3 years ago3 answers

Is it possible to transfer Bitcoin from my Robinhood account to a wallet owned by a friend?

Can I send Bitcoin from Robinhood to a friend's wallet?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    Yes, you can send Bitcoin from your Robinhood account to a friend's wallet. To do this, you will need to follow a few steps. First, ensure that your friend has a Bitcoin wallet address ready to receive the funds. Then, open your Robinhood app and navigate to the Bitcoin section. From there, select the option to send Bitcoin. Enter your friend's wallet address and the amount you wish to send. Finally, review the transaction details and confirm the transfer. Keep in mind that there may be fees associated with this transaction, so it's important to check the Robinhood fee schedule beforehand.
  • avatarNov 25, 2021 · 3 years ago
    Absolutely! You can easily send Bitcoin from your Robinhood account to your friend's wallet. Just make sure that you have your friend's wallet address handy. Open your Robinhood app, go to the Bitcoin section, and select the option to send Bitcoin. Enter your friend's wallet address and the amount you want to send. Review the details and confirm the transaction. It's important to note that while Robinhood allows Bitcoin transfers, it's primarily a trading platform, so if you're looking for more advanced wallet features, you might want to consider using a dedicated wallet app or service.
  • avatarNov 25, 2021 · 3 years ago
    Yes, you can transfer Bitcoin from your Robinhood account to a friend's wallet. However, it's worth mentioning that Robinhood does not currently support direct transfers to external wallets. Instead, you can sell your Bitcoin on Robinhood and then send the funds to your friend via a peer-to-peer payment app or platform. Once your friend receives the funds, they can then deposit it into their own Bitcoin wallet. Keep in mind that selling Bitcoin on Robinhood may incur trading fees, so it's important to consider this before proceeding with the transfer. If you're looking for a platform that supports direct transfers to external wallets, you may want to consider using BYDFi, which offers this functionality.