How much time does it usually take for Robinhood to approve a cryptocurrency purchase?

3 answers

• Mar 12, 2022 · 3 years ago
  The average time for Robinhood to approve a cryptocurrency purchase is usually within a few minutes to a few hours. However, it can vary depending on the current network congestion and the specific cryptocurrency you are purchasing. It's always a good idea to double-check your transaction status on the Robinhood app to get the most up-to-date information.
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• Mar 12, 2022 · 3 years ago
  From my experience, it usually takes around 10-15 minutes for Robinhood to approve a cryptocurrency purchase. However, during times of high demand or network congestion, it may take longer. It's important to be patient and avoid making multiple purchase attempts to prevent any potential issues.
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• Mar 12, 2022 · 3 years ago
  As an expert at BYDFi, I can tell you that the average time for Robinhood to approve a cryptocurrency purchase is typically within 5-10 minutes. However, please note that this timeframe can vary depending on various factors such as network congestion and the specific cryptocurrency being purchased. It's always a good idea to check the Robinhood app for real-time updates on your transaction status.
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