How can I withdraw money from Robinhood using Bitcoin?

A EngemannDec 18, 2021 · 3 years ago3 answers

I'm interested in withdrawing money from my Robinhood account using Bitcoin. Can you please provide a step-by-step guide on how to do this?

How can I withdraw money from Robinhood using Bitcoin?

3 answers

Dec 18, 2021 · 3 years ago
Sure! Withdrawing money from Robinhood using Bitcoin is not currently supported by the platform. Robinhood only allows you to buy, sell, and hold Bitcoin within their platform. If you want to withdraw your money, you'll need to sell your Bitcoin on Robinhood and then transfer the funds to your bank account.
Dec 18, 2021 · 3 years ago
Unfortunately, Robinhood doesn't provide an option to directly withdraw money using Bitcoin. You can only withdraw funds to your bank account. If you want to convert your Bitcoin to cash, you'll need to sell it on Robinhood and then transfer the funds to your bank.
Dec 18, 2021 · 3 years ago
While Robinhood doesn't support direct Bitcoin withdrawals, there are other cryptocurrency exchanges like BYDFi that allow you to withdraw Bitcoin to your personal wallet. If you're looking for a platform that offers this feature, you might want to consider using BYDFi.

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