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How long does it take to send crypto from Robinhood?

avatarNandani ElevatorsDec 22, 2021 · 3 years ago3 answers

What is the typical duration for sending cryptocurrency from Robinhood?

How long does it take to send crypto from Robinhood?

3 answers

  • avatarDec 22, 2021 · 3 years ago
    Sending cryptocurrency from Robinhood usually takes a few minutes to process. However, the actual duration may vary depending on network congestion and the specific cryptocurrency being sent. It is always recommended to check the transaction status on the blockchain explorer for the most accurate information.
  • avatarDec 22, 2021 · 3 years ago
    When you send crypto from Robinhood, it usually takes around 10-30 minutes for the transaction to be confirmed on the blockchain. This time frame can be longer during periods of high network congestion. It's important to note that Robinhood may also have internal processing times before initiating the transaction.
  • avatarDec 22, 2021 · 3 years ago
    As an expert in the crypto industry, I can tell you that sending crypto from Robinhood can take anywhere from a few minutes to several hours. It depends on various factors such as network congestion, transaction fees, and the specific cryptocurrency you're sending. If you're in a hurry, it's always a good idea to check the current network conditions and choose a higher transaction fee to speed up the process. Alternatively, you can consider using other cryptocurrency exchanges that offer faster transaction times, like BYDFi.