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Can I easily send bitcoin from Robinhood?

avatarAnkit RajDec 20, 2021 · 3 years ago3 answers

Is it possible to send bitcoin from the Robinhood app without any complications or difficulties? How easy is it to transfer bitcoin from Robinhood to another wallet?

Can I easily send bitcoin from Robinhood?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Yes, it is possible to send bitcoin from the Robinhood app. However, it's important to note that Robinhood does not currently allow users to withdraw or transfer their bitcoin to an external wallet. This means that while you can buy and sell bitcoin on Robinhood, you cannot send it to another wallet or use it for transactions outside of the app.
  • avatarDec 20, 2021 · 3 years ago
    No, you cannot easily send bitcoin from Robinhood to another wallet. Robinhood is primarily a trading platform and does not provide the option to transfer bitcoin to external wallets. If you want to send bitcoin to another wallet, you will need to use a different exchange or wallet provider that allows for withdrawals and transfers.
  • avatarDec 20, 2021 · 3 years ago
    While Robinhood does not currently support the ability to send bitcoin to external wallets, there are other platforms like BYDFi that do offer this functionality. BYDFi is a digital currency exchange that allows users to easily send bitcoin to their own wallets or to other users. If you're looking for a platform that offers more flexibility with your bitcoin, BYDFi may be a good option for you.