How To Withdraw Bitcoin From Robinhood?

by Ashley Nicole Crypto Customer Care

Are you looking for the procedure for Withdrawing Bitcoin From Robinhood? Want to know the critical process involved in Robinhood to withdraw your Bitcoin? Then go through this guide to understand the process to Withdraw Bitcoin From Robinhood. In general, if you have a bank account, it is easy to carry over the withdrawal process.

It is one of the most influential and popular brokerages in the world. But not everyone is focusing only on this platform.

As there are many brokerages available, you could not find anything practical. Currently, most people understand the impact of using this platform. Finally, you can gain more benefits through this process without any issues.

During that time, using Robinhood can give you the most effective options to withdraw bitcoin to the next level. You can make around five bitcoin withdrawals per day. So for each business day, you can withdraw around $50,000 very effectively. Proceed further and collect the complete details about withdrawing Bitcoin from Robinhood.

Steps To Withdraw Bitcoin From Robinhood:

The steps to Withdraw Bitcoin From Robinhood are very effective and everyone can grab more benefits after withdrawing from this platform. The steps are very simple to follow and execute as quick as possible. Have a look at below to find out the steps involved in withdrawing Bitcoin from Robinhood:

Step 1:

It would be best to put your Bitcoin in before you withdraw Bitcoin through the ‘SEPA’ bank transfer. By using the UK credit or debit card, you can put your Bitcoin, but you cannot take cash out in the same manner.

First, to Withdraw Bitcoin From Robinhood, you must complete the successful deposit process to the Robinhood Euro wallet. Then, it can be possible by utilizing the ‘SEPA’ transfer. Here you have to know that SEPA (Single Euro Payments Area) is a bank transfer that can cross the international border most effectively. Generally, the Robinhood bank is very effective, and it will not accept pounds currently. Therefore, SEPA transfer is required.

Step 2:

Then you have to wait for some time for your account to be effectively verified. This process will take some business days to complete after it gets your deposit. Your account is required to be verified before you can able to withdraw Bitcoin. If the verification process exceeds, you can contact the support team of Robinhood.

Step 3:

After that, you have to sell your cryptocurrency. You are required first to sell the bitcoin before you can take your Bitcoin out from Robinhood around the site and deposit it in the EUR wallet around the Robinhood. After that, it is possible to convert the process into euros.

Step 4:

Finally, you can start the withdrawal process. After the process has been done, you can choose the EUR wallet and start the withdrawal process.

It will begin the SEPA transfer back to your bank account, which you have verified in step 1. You must be aware that, in some cases, you will be charged some fee to get the SEPA transfer. Therefore you have to check this process with your bank first and then proceed further. At last, you can withdraw your Bitcoin from Robinhood.

Impact Of Withdrawing Bitcoin Instantly From Robinhood:

Do you want to withdraw Bitcoin from the Robinhood instantly? Searching for the best procedures to get the task done? Then follow this guide to know how to withdraw Bitcoin instantly from Robinhood.
By making use of instant card withdrawals, you can withdraw Bitcoin from a Robinhood. It will let the eligible customers withdraw Bitcoin from fiat wallets directly to the Visa Fast Funds enabled debit and credit cards. Here you have to note that customers can only be allowed to link MasterCard Send and Visa Fast Funds enabled debit cards.

These MasterCard Send and Visa Fast Funds are considered card functionalities that let you for real-time processing. Unfortunately, at this time, the MasterCard withdrawals will never be supported by the UK or EU at this moment.

Eligibility Criteria Of Instant Card Withdrawals:

If you want to be eligible to get Instant Card Withdrawals, then you are required to:

Live in US, UK or EU. People from other countries are not eligible for instant card withdrawals.
You must have a linked and verified debit or credit card on Robinhood.com, MasterCard Send or Visa Fast Funds, which the card issuer can enable.
Then it would be best if you had an official Euro, USD, or GBP wallet on Robinhood.com.
Working of Instant Card Withdrawals:
You have to make sure that your Bitcoin is in the wallet
You are required to choose the withdraw option in your wallet to proceed further
Then you have to select the linked card from the menu, which you can check in the withdrawal option

If you do not have any cards linked to the Robinhood account, you can apply for it.

The withdrawal will get posted to your account for around 30 minutes most of the time. But the process involved in this withdrawal procedure will take around 24 hours most effectively.

Generally, none of the card providers will allow instant card withdrawals on their secured online platform for various reasons. If you do not see your card has been listed as an option, your card will never allow this kind of feature.

The card provider or bank creates the requirements of card eligibility. You can contact them for further information about offering MasterCard Send or Visa Fast Funds for your card in a most advanced manner.

Final Verdict:

From the scenario mentioned above, now you have got a complete idea about the process of withdrawing bitcoin from Robinhood. Everything is perfect now. Gather all your account details to Withdraw Bitcoin From Robinhood. So why are you still waiting? Now you can start withdrawing bitcoin from Robinhood without any issues