What is the average settlement time for cash when using Robinhood to buy or sell digital currencies?

3 answers

• Michael HullenderApr 20, 2025 · 3 months ago
  The average settlement time for cash when using Robinhood to buy or sell digital currencies is typically around 2-3 business days. During this time, the funds are being processed and transferred between accounts. Once the settlement is complete, the cash will be available for further transactions.
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• tuanh123Nov 22, 2020 · 5 years ago
  When using Robinhood to trade digital currencies, the average settlement time for cash is usually 2-3 business days. It's important to note that this timeframe can vary depending on various factors such as the specific currency being traded and any potential delays in the banking system. However, in most cases, you can expect the funds to be settled within a few days.
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• Hancock HaysApr 16, 2022 · 3 years ago
  When it comes to cash settlement for digital currency transactions on Robinhood, the average timeframe is typically 2-3 business days. This means that after buying or selling digital currencies, it may take a couple of days for the cash to be settled and available for further use. It's important to plan your trades accordingly and be aware of this settlement period to avoid any inconvenience.
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