How can I transfer my cryptocurrency from Robinhood to PayPal?
Elon WhispersDec 18, 2021 · 3 years ago3 answers
I want to transfer my cryptocurrency from Robinhood to PayPal. How can I do that? What are the steps involved in transferring cryptocurrency from Robinhood to PayPal?
3 answers
- Dec 18, 2021 · 3 years agoTransferring cryptocurrency from Robinhood to PayPal is not directly possible as of now. Robinhood does not support cryptocurrency withdrawals to external wallets, including PayPal. However, you can sell your cryptocurrency on Robinhood and then transfer the funds to your PayPal account. To do this, follow these steps: 1. Open the Robinhood app and go to the 'Investing' tab. 2. Select the cryptocurrency you want to sell. 3. Tap on the 'Sell' button and enter the amount you want to sell. 4. Confirm the sale and wait for the funds to be available in your Robinhood account. 5. Once the funds are available, you can transfer them to your bank account linked to PayPal. 6. After the funds are in your bank account, you can transfer them to your PayPal account. Please note that there may be fees and transaction limits associated with these transfers. Make sure to check the terms and conditions of both Robinhood and PayPal before proceeding.
- Dec 18, 2021 · 3 years agoUnfortunately, Robinhood does not currently support direct transfers of cryptocurrency to PayPal. However, you can still convert your cryptocurrency to cash and then transfer the funds to your PayPal account. To do this, follow these steps: 1. Open the Robinhood app and navigate to the cryptocurrency you want to sell. 2. Tap on the 'Sell' button and enter the amount you wish to sell. 3. Confirm the sale and wait for the funds to be available in your Robinhood account. 4. Once the funds are available, you can initiate a withdrawal to your bank account. 5. After the funds are in your bank account, you can transfer them to your PayPal account. Keep in mind that there may be fees and processing times associated with these transactions. It's always a good idea to review the terms and conditions of both Robinhood and PayPal before proceeding.
- Dec 18, 2021 · 3 years agoAs of now, Robinhood does not offer a direct option to transfer cryptocurrency to PayPal. However, you can sell your cryptocurrency on Robinhood and then transfer the funds to your PayPal account. Here's how: 1. Open the Robinhood app and go to the 'Investing' section. 2. Choose the cryptocurrency you want to sell. 3. Tap on the 'Sell' button and enter the amount you want to sell. 4. Confirm the sale and wait for the funds to be available in your Robinhood account. 5. Once the funds are available, you can transfer them to your bank account. 6. From your bank account, you can transfer the funds to your PayPal account. Please note that there may be fees and transaction limits involved in these transfers. It's recommended to review the terms and conditions of both Robinhood and PayPal before proceeding.
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