common-close-0
BYDFi
Trade wherever you are!

What is the typical duration for money transfers from Robinhood to a blockchain wallet?

avatarLarsen ThestrupDec 17, 2021 · 3 years ago3 answers

I would like to know how long it usually takes for money transfers from Robinhood to a blockchain wallet. Can you provide me with an estimate of the typical duration?

What is the typical duration for money transfers from Robinhood to a blockchain wallet?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Typically, money transfers from Robinhood to a blockchain wallet can take anywhere from a few minutes to a few hours. The exact duration depends on various factors such as network congestion, transaction fees, and the specific blockchain being used. It's important to note that while some transfers may be completed quickly, others may experience delays due to network conditions.
  • avatarDec 17, 2021 · 3 years ago
    When transferring money from Robinhood to a blockchain wallet, the duration can vary. In most cases, transfers are completed within minutes, especially if the network is not congested. However, during times of high network activity, it may take longer for the transaction to be confirmed. Factors such as transaction fees and the blockchain's processing speed can also affect the transfer duration.
  • avatarDec 17, 2021 · 3 years ago
    Based on my experience with BYDFi, a typical money transfer from Robinhood to a blockchain wallet usually takes around 10-20 minutes. However, please keep in mind that this can vary depending on network conditions and the specific blockchain being used. It's always a good idea to double-check the transaction status on the blockchain explorer to ensure that the transfer has been successfully completed.