What is the estimated transfer time for converting cryptocurrency from Robinhood to a bank account?

3 answers

• SoniMay 29, 2023 · 2 years ago
  The estimated transfer time for converting cryptocurrency from Robinhood to a bank account can vary depending on several factors. Generally, it takes around 1-5 business days for the transfer to be completed. However, please note that this is just an estimate and the actual transfer time may be longer or shorter. Factors such as network congestion, transaction volume, and the specific cryptocurrency being transferred can affect the transfer time. It's always a good idea to check with Robinhood or your bank for more accurate information regarding the transfer time.
  570

  285
• Andrea CattarinichJan 22, 2025 · 6 months ago
  Converting cryptocurrency from Robinhood to a bank account usually takes a few business days. The exact transfer time can vary depending on the specific cryptocurrency and the bank you are using. Some banks may have faster processing times than others. It's important to keep in mind that cryptocurrency transactions are subject to network confirmations, which can sometimes cause delays. If you need the funds to be transferred quickly, you may want to consider using a different method, such as selling the cryptocurrency on an exchange and withdrawing the funds directly to your bank account.
  595

  199
• Ba D GuyJan 18, 2022 · 4 years ago
  Based on my experience with BYDFi, the estimated transfer time for converting cryptocurrency from Robinhood to a bank account is typically within 2-3 business days. However, please note that this can vary depending on the specific cryptocurrency and the bank you are using. It's always a good idea to check with Robinhood or your bank for the most up-to-date information on transfer times. If you have any specific concerns or questions about the transfer process, feel free to reach out to BYDFi's customer support for assistance.
  531

  133