Are there any delays in bank transfers when using Robinhood for buying or selling cryptocurrencies?

3 answers

• melanin2003May 25, 2021 · 4 years ago
  When using Robinhood for buying or selling cryptocurrencies, there can be some delays in bank transfers. This is because the transfer process involves multiple parties, including banks and payment processors. While Robinhood aims to provide fast and efficient transfers, it is important to note that delays can occur due to various factors, such as high transaction volumes or technical issues. It is recommended to check Robinhood's website or contact their customer support for more specific information on current transfer times.
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• Eric YorkAug 17, 2022 · 3 years ago
  Bank transfers when using Robinhood for buying or selling cryptocurrencies may experience delays. The exact duration of the delay can vary depending on several factors, such as the bank you are using, the time of day, and the overall demand for transfers. While some transfers may be processed instantly, others may take a few hours or even a few days. It is advisable to keep this in mind and plan accordingly when making transactions on Robinhood.
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• Joseph ShullJul 22, 2023 · 2 years ago
  When it comes to bank transfers for buying or selling cryptocurrencies on Robinhood, delays can indeed occur. However, it is important to note that these delays are not exclusive to Robinhood and can happen with other platforms as well. The duration of the delay can depend on various factors, such as the bank you are using and the current market conditions. It is always a good idea to check with your bank and Robinhood for any potential delays and plan your transactions accordingly.
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