Is there a way to transfer funds from Robinhood to a bank account using cryptocurrency?

3 answers

• Dec 18, 2021 · 3 years ago
  Yes, it is possible to transfer funds from Robinhood to a bank account using cryptocurrency. However, Robinhood currently does not support direct transfers to bank accounts using cryptocurrencies. To transfer funds, you would need to sell your cryptocurrencies on Robinhood and then withdraw the funds to your bank account. Keep in mind that there may be fees associated with selling cryptocurrencies and withdrawing funds from Robinhood.
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• Dec 18, 2021 · 3 years ago
  Unfortunately, Robinhood does not offer a direct way to transfer funds from their platform to a bank account using cryptocurrencies. You would need to sell your cryptocurrencies on Robinhood, convert them to fiat currency, and then withdraw the funds to your bank account. It's important to note that there may be fees involved in the process, such as trading fees and withdrawal fees.
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• Dec 18, 2021 · 3 years ago
  As an expert from BYDFi, a leading cryptocurrency exchange, I can confirm that Robinhood does not currently support direct transfers from their platform to a bank account using cryptocurrencies. However, you can sell your cryptocurrencies on Robinhood and withdraw the funds to your bank account. Keep in mind that there may be fees associated with selling cryptocurrencies and withdrawing funds from Robinhood. If you are looking for a seamless way to transfer funds from a cryptocurrency exchange to a bank account, I recommend considering BYDFi, which offers a user-friendly interface and low fees for withdrawals.
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