Learn More About How Do I Withdraw Money from Robinhood?

Have you sold stock, options, or ETFs on Robinhood and want the proceeds in bank account now? The Robinhood instant transfer service is a quick and easy way to transfer the proceeds from these sales into your bank account. You can do so with minimal risk, without delay, and at no additional fees. Robinhood makes it easy to withdraw your brokerage cash: open the app, click on the account icon at the lower right corner and you are done.

Robinhood withdrawals are generally instant. After 4 PM ET, wires can take 1 to 2 business days. Weekends and bank holidays do not count as business. It is important to confirm that your transfer was successful. To do this, visit Robinhood and check the Portfolio tab. So let’s begin and learn more about how do I get my money out of Robinhood.

How to Withdraw Money from Robinhood?

Here is how to withdraw money from Robinhood easily:

• Open the Robinhood mobile app and log into your account.
• Go the Menu and here find the “Transfers” section.
• Here among the given options select “Withdraw Funds”
• Then enter the amount you wish to cash out
• At last, recheck the details of the withdrawal request including the amount, the destination account, and any other relevant information.

How to Transfer Crypto from Robinhood to Coinbase?

Here is how to transfer crypto from Robinhood to Coinbase:

• Go to the Crypto section by opening the Robinhood app.
• Select the Cryptocurrency you wish to transfer:
• Click "Withdraw" or send and enter the amount that you want to transfer.
• Next select the Cryptocurrency you wish to transfer.
• You will need to enter the Coinbase wallet's address to complete the transfer.
• At the end recheck all the details and confirm the transfer.

How to Transfer Stocks from Robinhood to Another Brokerage?

You can transfer stock from Robinhood to another brokerage by taking the below mentioned steps:

• First you need to request a transfer account form from Fidelity, or any brokerage of your choice.
• Fill in the details of your Robinhood account, and the stocks that you want to transfer.
• After this send the completed form to the new brokerage.
• Then wait for the transfer to complete.

FAQ

How Long Does It Take to Transfer Crypto from Robinhood to Coinbase?

The time to transfer crypto from Robinhood to Coinbase depends so many different factors. For instance, the cryptocurrency which you choose to transfer can decide the timing of the transfers.

How do I transfer buying power from Robinhood to my bank?

You can easily transfer buying power from Robinhood to bank, for this you must first sell your stocks or liquidate any assets, and then proceed with the normal withdrawal process.

How do I get my money out of Robinhood?

To get money out of Robinhood, go to the Transfers section and initiate the withdrawal and select your bank account. Then confirm the transfer.

How do I transfer money from Robinhood to my bank?

To transfer money from Robinhood to bank, select "Withdraw funds" in the Robinhood app. Enter the amount, your bank account and confirm the withdrawal.