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To transfer money out of Robinhood, go to the app’s "Transfers" section, then select "Transfer to Your Bank." Choose your linked bank account and enter the amount. Transfers typically take 1–3 business days. Make sure your funds are settled before withdrawing.
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Instant withdrawals require Robinhood Gold and an eligible linked debit card or bank. Select the amount and choose the instant option if available. Fees may apply for instant transfers, but they usually arrive within minutes.
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To trade crypto, open the Robinhood app, tap the crypto tab or search for a coin, and click “Buy” or “Sell.” Crypto trades are available 24/7. You don’t need a separate wallet, and there are no commissions on trades.
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Popular cryptos on Robinhood include Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Choosing the best depends on your risk tolerance and market outlook. Always do research or consult a financial advisor before investing.
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Go to the search bar in the Robinhood app, type in the name of the crypto you want, and tap “Buy.” Enter the amount or number of coins you wish to purchase. Confirm the trade and track your investment in the crypto tab.
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Bank transfers can take 3–5 business days, especially if it's your first time or the amount is large. Also, deposits and withdrawals may be delayed due to account verification or bank processing times.
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To cancel a pending deposit or withdrawal, go to the “History” tab in the app, find the pending transaction, and tap "Cancel." You can only cancel if the transaction hasn't started processing yet.
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A trade may not execute due to low liquidity, price changes, or if it's a limit order that hasn't reached your set price. Check your order status and type for more clarity on why it didn’t go through.
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Go to the “Orders” tab, tap the pending order, and select “Cancel.” Modifications aren’t allowed, so canceling and placing a new order is the only option. Ensure it's done before execution.
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