If you’re looking to cash out your Robinhood crypto holdings and move them to Coinbase, here’s a step-by-step guide on how to do it.
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In order to transfer your crypto from Robinhood to Coinbase, you will need to first be logged into both your Robinhood and Coinbase accounts. Then, you will need to go to your Robinhood account’s “Portfolio” page, and select the coin that you wish to transfer. Next, you will need to select the “Withdraw” button, which is located under the “Actions” column. Finally, you will need to enter your Coinbase account information, and select the “Withdraw” button. Once your withdrawal is complete, your crypto should appear in your Coinbase account.
What is Robinhood?
Robinhood is a commission-free stock trading app that has recently diversified into the cryptocurrency market. Launched in 2015, the app attracted a large number of millennials who were eager to invest in stocks without paying high broker fees. In February 2018, Robinhood announced that it would allow users to trade cryptocurrencies on its platform.
As of October 2019, Robinhood Crypto is available in 19 states and Washington D.C., and the company plans to expand to more states in the future. The platform only allows users to buy and sell cryptocurrencies; it does not offer any other features such as a wallet or ability to convert fiat currency into crypto.
What is Coinbase?
Coinbase is one of the most popular cryptocurrency exchanges and allows you to buy and sell cryptocurrencies. You can also use Coinbase to store your cryptocurrencies. Coinbase is different from Robinhood in that it allows you to buy and sell cryptocurrencies, whereas Robinhood only allows you to buy them. In order to transfer your cryptocurrency from Robinhood to Coinbase, you will need to connect your Robinhood account to your Coinbase account.
Why would you want to move crypto off of Robinhood?
There are a few reasons why you might want to move your cryptocurrency off of Robinhood. Maybe Robinhood isn’t supported in your country, maybe you want to use a different exchange, or maybe you want to move your cryptocurrency into a wallet for safekeeping. Whatever the reason, this article will show you how to do it.
First, you will need to create an account on Coinbase. Once you have done that, you will need to link your Robinhood account to Coinbase. To do this, go to the “Settings” page on Coinbase and click on the “Linked Accounts” tab. Then, click on the “Robinhood” button and enter your Robinhood login information.
Next, you will need to create a crypto wallet on Coinbase. To do this, go to the “Wallets” page on Coinbase and click on the “Create a New Wallet” button. On the next page, select the currency that you want to move from Robinhood and enter a name for your wallet. Once you have done that, click on the “Create Wallet” button.
Now that you have created a Coinbase wallet, it’s time to transfer your cryptocurrency from Robinhood to Coinbase. To do this, go to the ” refershingDepositsAndWithdrawals” tab on Coinbae and select Withdraw from an External Account.” Then, enter your Robinhood account information and the amount of cryptocurrency that you want to transfer. Once you have done that, click on the “Withdraw” button.
Your cryptocurrency should now be transferred from Robinhood to Coinbase!
How to move crypto from Robinhood to Coinbase
If you’re a Robinhood user, you may be wondering how to transfer crypto from Robinhood to Coinbase. Here’s a step-by-step guide on how to do it.
First, create a Coinbase account and link your bank account. Then, add crypto to your Coinbase Wallet by going to the “Buy/Sell” page and selecting the cryptocurrency you want to buy.
Once you have crypto in your Coinbase Wallet, go to the “Accounts” page and select the crypto you want to move from Robinhood. Then, select “Send” and enter your Robinhood account number in the “Recipient Wallet Address” field. Finally, review the transaction details and hit “Confirm” to complete the transfer.
There you have it! Now you know how to transfer crypto from Robinhood to Coinbase. Wasn’t that easy? As you can see, the process is actually quite simple and only takes a few minutes to complete. So, what are you waiting for? Start transferring your crypto today!