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Is it possible to transfer Ethereum from Coinbase to Robinhood?

avatarDr. Mansi BansalDec 18, 2021 · 3 years ago3 answers

I'm wondering if it's possible to transfer Ethereum from Coinbase to Robinhood. Can I directly send my Ethereum from Coinbase to my Robinhood account? Or do I need to go through a different process? I want to make sure I can easily move my Ethereum between these two platforms without any issues.

Is it possible to transfer Ethereum from Coinbase to Robinhood?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, it is possible to transfer Ethereum from Coinbase to Robinhood. However, you cannot directly send Ethereum from Coinbase to Robinhood. You will need to sell your Ethereum on Coinbase and then withdraw the funds to your bank account. Once the funds are in your bank account, you can deposit them into your Robinhood account. From there, you can use the funds to buy Ethereum or any other supported cryptocurrency on Robinhood.
  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, you cannot transfer Ethereum directly from Coinbase to Robinhood. Coinbase and Robinhood are two separate platforms with different wallets. To move your Ethereum from Coinbase to Robinhood, you will need to sell your Ethereum on Coinbase, withdraw the funds to your bank account, and then deposit the funds into your Robinhood account. Once the funds are in your Robinhood account, you can use them to buy Ethereum or any other supported cryptocurrency.
  • avatarDec 18, 2021 · 3 years ago
    As an expert from BYDFi, I can confirm that it is not possible to transfer Ethereum directly from Coinbase to Robinhood. Coinbase and Robinhood are independent platforms with their own wallets. To transfer Ethereum between these two platforms, you will need to sell your Ethereum on Coinbase, withdraw the funds to your bank account, and then deposit the funds into your Robinhood account. Once the funds are in your Robinhood account, you can use them to buy Ethereum or any other supported cryptocurrency.