s soon as cryptocurrencies started getting financial worth instead of just being computing currencies, numerous platform steps into the crypto market to meet all the crypto requirements. Every person who is interested in the crypto economy probably has heard about tons of platforms such as exchanges, wallets, brokerages etc. and Robinhood is also one of them.
Well! This blog post is carefully crafted to aid Robinhood users as we will drive the method of withdrawing funds from Robinhood login further. But, before that, just have a quick tour of Robinhood.
A financial technology (Fintech) business called Robinhood Markets Inc. runs a commission-free online discount brokerage. Investors may use it for buying and selling stocks, exchange-traded funds (ETFs), and American depositary receipts (ADRs) using a web- and mobile-based financial services platform. Additionally, the users of Robinhood.com login can invest in certain cryptocurrencies.
Acknowledge the way of withdrawing funds from Robinhood
If you want to transfer money to your bank account or external debit card, you can opt for two ways, one via the Robinhood application or through the official website. Have a look at this step-by-step guide to performing the withdrawal procedure.
Via Robinhood app:
- First of all, go to the Robinhood login page and pick the “Accounts” option.
- Now, hit “Transfers”, and select the bank account or debit card from where you want to transfer.
- Input the numbers of the amount which you want to draw out.
- Then, pick up the option of transferring money to your bank account or debit card.
- You can opt for “instant transfers” for quick transfer if your bank supported this functionality.
- Review and verify the details of your transfer and finalize it by tapping “Transfer”.
Via Robinhood website:
- Initiate the process by opening the Robinhood.com login account.
- Navigate to the “Accounts” button, and hit “Transfers”.
- Then press “Transfer funds from bank account/ debit card” to proceed further.
- After this enter the amount at the designated place that you’d like to transfer.
- Select the option “Transfer money to bank account/debit card” and pick up the appropriate option.
- Tap “Review” and verify your transfer details.
- After all, select “Transfer” to complete the transfer.
Conclusion
Online discount brokerage Robinhood login provides commission-free trading and investment platform. I‘ve presented the method to withdraw funds using the Robinhood platform. Hopefully, after implementing the data carefully, you will be able to perform withdrawal successfully.
Wrapping up this read with a key point to keep in mind- there is no fee for transferring your funds from bank account but transfers through debit card will charge about 1.5% fee.
