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Can I transfer my digital currencies from the Robinhood app to an external wallet?

avatarHimanshu Ranjan SumanDec 15, 2021 · 3 years ago1 answers

I am using the Robinhood app to manage my digital currencies. Can I transfer these currencies to an external wallet? If yes, how can I do it?

Can I transfer my digital currencies from the Robinhood app to an external wallet?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, you can transfer your digital currencies from the Robinhood app to an external wallet. This allows you to have full control over your assets and ensures that you are the sole custodian of your digital currencies. To transfer your digital currencies, follow these steps: 1. Open the Robinhood app on your device. 2. Navigate to the digital currency you want to transfer. 3. Tap on the 'Transfer' button. 4. Select the 'External Wallet' option. 5. Enter the wallet address of your external wallet. 6. Confirm the transfer to complete the process. It's important to note that transferring digital currencies may incur network fees, so make sure to consider these costs before initiating the transfer.