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Is there a limit on the amount of money I can transfer from Coinbase to Robinhood?

avatarGentry HubbardDec 15, 2021 · 3 years ago3 answers

I am planning to transfer some money from my Coinbase account to my Robinhood account. However, I'm not sure if there is a limit on the amount of money I can transfer. Can someone please clarify if there are any restrictions or limits on the amount of money I can transfer from Coinbase to Robinhood?

Is there a limit on the amount of money I can transfer from Coinbase to Robinhood?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are limits on the amount of money you can transfer from Coinbase to Robinhood. The limits vary depending on your account type and verification level. It's best to check with both Coinbase and Robinhood for the specific limits that apply to your account. Keep in mind that these limits may change over time, so it's always a good idea to stay updated with the latest information.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! Coinbase and Robinhood have different limits on the amount of money you can transfer between the two platforms. The limits are usually based on factors such as your account verification level, transaction history, and regulatory requirements. To find out the exact limits that apply to your account, I recommend reaching out to the customer support teams of both Coinbase and Robinhood.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are limits on the amount of money you can transfer from Coinbase to Robinhood. However, the specific limits may vary depending on your account type and verification level. It's important to note that these limits are in place to comply with anti-money laundering (AML) and know your customer (KYC) regulations. To get the most accurate information about the current limits, I suggest contacting the customer support of both Coinbase and Robinhood.