What is the process of transferring buying power from Robinhood to a bank for buying and selling digital currencies?

1 answers

• Harshit GuptaAug 17, 2023 · 2 years ago
  Transferring buying power from Robinhood to a bank for buying and selling digital currencies is a straightforward process. Here's how you can do it: 1. Log in to your Robinhood account. 2. Tap on the 'Account' tab at the bottom of the screen. 3. Select 'Transfer' from the menu options. 4. Choose 'Bank Transfer' as the transfer type. 5. Enter the amount of buying power you want to transfer. 6. Select the bank account you want to transfer the funds to. 7. Review the details and confirm the transfer. 8. Wait for the transfer to be processed, which usually takes a few business days. 9. Once the transfer is complete, you can use the funds in your bank account to buy and sell digital currencies on Robinhood. I hope this explanation helps! If you have any more questions, feel free to ask.
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