Cryptocurrency Q&A
Why can't I transfer money from Robinhood to my bank?
Why can't I transfer money from Robinhood to my bank?
LightWaveMystic
Mon Jan 20 2025
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5
answers
1674
I'm trying to transfer money from my Robinhood account to my bank, but it's not working. I've followed all the steps correctly, but the transfer just won't go through. What could be the reason for this?
5 answers
Sofia
Wed Jan 22 2025
The reason for this delay is due to the process of stock trade settlement, which typically takes two business days to complete.
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KimonoGlitter
Wed Jan 22 2025
Settlement is the period when the trade is officially finalized and the buyer takes possession of the stock, while the seller receives payment.
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EthereumEagleGuard
Wed Jan 22 2025
Until the settlement process is completed, the funds from the stock sale remain tied up and cannot be withdrawn.
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Valentina
Wed Jan 22 2025
BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet solutions. With BTCC, users can buy, sell, and store cryptocurrencies securely and efficiently.
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Carlo
Wed Jan 22 2025
When selling stock on Robinhood, it's important to understand that the funds from the sale won't be instantly accessible for withdrawal.
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