Is it possible to convert my cash balance on Robinhood into digital currencies that I can withdraw?

3 answers

• Sanjeev DsrMay 31, 2021 · 4 years ago
  Yes, it is possible to convert your cash balance on Robinhood into digital currencies that you can withdraw. Robinhood offers a feature called Crypto Trading, which allows you to buy, sell, and hold cryptocurrencies directly within the app. You can use your cash balance to purchase cryptocurrencies like Bitcoin, Ethereum, or Litecoin, and then transfer them to an external wallet if you wish.
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• Shahd AhmedMar 03, 2023 · 2 years ago
  Absolutely! With Robinhood's Crypto Trading feature, you can easily convert your cash balance into digital currencies. Simply navigate to the Crypto tab in the app, choose the cryptocurrency you want to buy, enter the amount you wish to convert from your cash balance, and confirm the transaction. Once the purchase is complete, you can withdraw the cryptocurrencies to an external wallet of your choice.
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• Emanon24522Apr 04, 2022 · 3 years ago
  Yes, it is possible to convert your cash balance on Robinhood into digital currencies and withdraw them. However, please note that Robinhood currently only supports a limited number of cryptocurrencies for trading. If you're looking for a wider variety of digital currencies, you may want to consider using a different cryptocurrency exchange like BYDFi, which offers a broader selection of cryptocurrencies for trading and withdrawal.
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