Many users wonder how to transfer cryptocurrency from Robinhood to Coinbase. Under normal conditions, transfers typically complete within minutes, though network congestion or internet connectivity issues may extend this timeframe—rarely up to 24 hours. Once processed, your updated balances will reflect in both accounts.
Methods to Move Crypto Out of Robinhood
1. Cash Withdrawal
Selling your crypto positions and depositing proceeds into your bank account is the simplest option. However, this may trigger tax implications.
2. Direct Transfer to Another Exchange
Transferring crypto to platforms like Coinbase preserves your holdings without liquidating them. Below is a step-by-step guide.
How to Transfer Crypto from Robinhood to Coinbase
Verify Crypto Transfer Eligibility
Ensure your Robinhood account has:- Enabled two-factor authentication (2FA).
- Completed identity verification.
Initiate the Transfer
- Select the cryptocurrency in your Robinhood portfolio.
- Click "Send" from the Crypto Wallet section.
- Enter your Coinbase wallet address carefully—errors can lead to permanent loss.
- Confirm with your 2FA code.
Await Completion
Processing times vary by blockchain:| Cryptocurrency | Average Transfer Time |
|---------------|----------------------|
| Bitcoin (BTC) | 10–60 minutes |
| Ethereum (ETH) | Similar to BTC |
| Altcoins | Varies by network |
Robinhood Transfer Limits and Policies
- Daily Limit: Up to $5,000 in crypto (subject to account verification).
- Withdrawal Limit: $50,000 to linked bank accounts; $5,000 via instant transfers.
- Identity Verification: Higher limits require additional documentation.
Activating Crypto Transfers on Robinhood
- Navigate to Settings > Crypto Transfers.
- Enable Two-Factor Authentication.
- Submit ID verification if prompted.
- Await confirmation email before initiating transfers.
FAQs
How long do crypto transfers take?
Bitcoin transfers average 30–60 minutes per blockchain confirmation. Delays may occur during peak congestion.
What’s the fastest way to deposit funds into Robinhood?
Instant bank transfers (select banks only) process within minutes.
Can I withdraw money instantly from Robinhood?
Standard withdrawals take 2–5 business days. Debit card withdrawals (1.5% fee) complete in 30–60 minutes.
How do I transfer stocks from Robinhood to Fidelity?
Use ACATS (Automated Customer Account Transfer Service) via Fidelity’s "Transfer Assets" portal.
What’s Robinhood’s withdrawable cash?
This reflects available funds minus pending deposits or unsettled trades.
👉 Explore seamless crypto transfers today
For further assistance, contact Robinhood support or consult a tax advisor regarding withdrawal implications.
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