Cryptocurrencies
How to Sell Crypto on Robinhood with iOS Devices (2023)
Robinhood is a platform that is regularly used by individuals who have a strong interest in trading cryptocurrency. One of the many reasons why so many people have fallen in love with what it has to offer is the ease with which an account can be created on the exchange in a matter of minutes and the absence of any fees associated with the trading of cryptocurrencies. This is just one of the many reasons why so many people have fallen in love with what it has to offer. If you have an account with Robinhood, you should keep in mind the possibility that you will wish to sell bitcoin at some point in the future. Following the instructions outlined in this post will allow you to sell cryptocurrencies on Robinhood using an iOS device. So let’s get started:
Read Also: How to Make a Crypto Wallet
How to Sell Crypto on Robinhood with iOS Devices (2023)
If you are attempting to sell cryptocurrencies on Robinhood using an iOS smartphone, please refer to the step-by-step guide that is provided below:
1. Get the mobile application for Robinhood up and running.
2. Go to the page that contains more information on the cryptocurrency, and then click the “Trade” button on that page.
3. Choose the “Sell” option from the menu.
4. Go to the “Order Types” section of the menu that is located in the top right corner of the screen.
5. Choose the kind of order you want from the options that are available.
6. Check that your buy order for cryptocurrencies is correct.
7. Swipe up to confirm the sell order, and then tap “Send” to submit the order.
FAQs
Can you cash out crypto on Robinhood?
While using Robinhood’s Immediate feature to make cryptocurrency purchases, customers are unable to withdraw their funds until the corresponding transactions have been fully settled, which can take anywhere from three to five business days. Transfer fees: Each and every on-chain cryptocurrency transaction is subject to a network cost, which is also referred to as a miner fee or gas fee in some circles.
Why can’t i withdraw my money from Robinhood?
Restrictions on the account
It is possible that you will be unable to withdraw funds from your Robinhood account if the account has been restricted. Please get in touch with us if you require assistance in fixing the problem and removing the limitation.
How much is Robinhood withdrawal fee?
Withdrawals from an external debit card account are subject to a 1.5% fee, which is calculated based on the amount that is being transferred out.
What is Robinhood withdrawal limit?
You are allowed to make conventional transfers (ACH) of up to $50,000 and instant transfers of up to $5,000 from your Robinhood account on a daily basis. ACH stands for automated clearing house. One hundred thousand dollars is the utmost that can be taken out of a connected bank account at one time.
How much is Robinhood monthly fee?
Investing through a brokerage account held with Robinhood does not incur any commission fees. We will never charge you a fee to open an account, to keep an account active, or to transfer funds into an account that you already have with us.