Is it possible to withdraw money from Robinhood using Ethereum?
Nelson Alejandro CruzDec 17, 2021 · 3 years ago3 answers
I'm wondering if it's possible to withdraw money from Robinhood using Ethereum. Can I transfer my funds from Robinhood to my Ethereum wallet directly?
3 answers
- Dec 17, 2021 · 3 years agoUnfortunately, as of now, Robinhood does not support direct withdrawals to Ethereum wallets. Robinhood only allows you to buy, sell, and hold cryptocurrencies within their platform. If you want to withdraw your funds, you'll need to sell your Ethereum holdings on Robinhood and then transfer the proceeds to your bank account.
- Dec 17, 2021 · 3 years agoNo, you cannot withdraw money from Robinhood using Ethereum. Robinhood is a centralized cryptocurrency exchange that does not support direct transfers to external wallets. You can only trade cryptocurrencies within the Robinhood platform.
- Dec 17, 2021 · 3 years agoYes, it is possible to withdraw money from Robinhood using Ethereum. However, you will need to use a third-party service like BYDFi to facilitate the transfer. BYDFi allows you to connect your Robinhood account and Ethereum wallet, enabling you to withdraw your funds from Robinhood to Ethereum. Keep in mind that using third-party services may involve additional fees and risks, so make sure to do your research before proceeding.
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