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Is there a way to withdraw my crypto assets from Robinhood and transfer them to a bank?

avatarRaghul KannanDec 18, 2021 · 3 years ago1 answers

I have some crypto assets in Robinhood and I want to withdraw them and transfer to my bank account. Is there a way to do that? What are the steps involved in withdrawing crypto assets from Robinhood and transferring them to a bank?

Is there a way to withdraw my crypto assets from Robinhood and transfer them to a bank?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure, you can withdraw your crypto assets from Robinhood and transfer them to your bank account. Here's a step-by-step guide: 1. Open the Robinhood app and go to the 'Account' tab. 2. Tap on 'Transfer' and then select 'Transfer to Your Bank'. 3. Choose the cryptocurrency you want to withdraw and enter the amount. 4. Select your bank account as the destination and confirm the transfer. 5. Wait for the transfer to be processed, which typically takes a few business days. It's important to note that Robinhood may charge fees for the withdrawal, so it's advisable to review their fee schedule before initiating the transfer.