How can you sell your Bitcoin on Robinhood?
Jenny LumbarNov 23, 2021 · 3 years ago3 answers
What are the steps to sell Bitcoin on Robinhood?
3 answers
- Nov 23, 2021 · 3 years agoTo sell Bitcoin on Robinhood, follow these steps: 1. Open the Robinhood app on your mobile device. 2. Navigate to the 'Investing' tab and select 'Crypto'. 3. Find Bitcoin in your list of cryptocurrencies and tap on it. 4. Tap the 'Sell' button. 5. Enter the amount of Bitcoin you want to sell. 6. Review the order details and confirm the sale. 7. Wait for the transaction to be processed and the funds to be credited to your account. It's important to note that Robinhood only allows you to sell Bitcoin that you already own on their platform. If you have Bitcoin stored in an external wallet, you'll need to transfer it to your Robinhood account before you can sell it.
- Nov 23, 2021 · 3 years agoSelling Bitcoin on Robinhood is easy! Just follow these steps: 1. Open the Robinhood app on your phone. 2. Go to the 'Investing' section and select 'Crypto'. 3. Look for Bitcoin in the list of cryptocurrencies and tap on it. 4. Tap the 'Sell' button. 5. Enter the amount of Bitcoin you want to sell. 6. Review the details and confirm the sale. 7. Wait for the transaction to complete. That's it! Your Bitcoin will be sold and the funds will be available in your Robinhood account.
- Nov 23, 2021 · 3 years agoTo sell your Bitcoin on Robinhood, you can follow these steps: 1. Open the Robinhood app on your mobile device. 2. Tap on the 'Investing' tab and select 'Crypto'. 3. Find Bitcoin in the list of cryptocurrencies and tap on it. 4. Tap the 'Sell' button. 5. Enter the amount of Bitcoin you want to sell. 6. Review the order details and confirm the sale. 7. Wait for the transaction to be processed. It's important to note that Robinhood is a popular platform for trading cryptocurrencies, but there are also other exchanges available where you can sell Bitcoin.
Related Tags
Hot Questions
- 92
What are the advantages of using cryptocurrency for online transactions?
- 79
What are the best digital currencies to invest in right now?
- 66
What is the future of blockchain technology?
- 48
What are the tax implications of using cryptocurrency?
- 44
How can I minimize my tax liability when dealing with cryptocurrencies?
- 33
What are the best practices for reporting cryptocurrency on my taxes?
- 27
How can I buy Bitcoin with a credit card?
- 14
Are there any special tax rules for crypto investors?