I'm wondering how long it takes for cryptocurrency transactions to settle on Robinhood. I'm considering using the platform for crypto trading and would like to know the settlement time for such transactions.
7 answers
KimonoElegance
Thu Jan 16 2025
Crypto buying power can be derived from various sources such as stock, ETF, and options sales.
ZenBalanced
Thu Jan 16 2025
These funds become eligible for purchasing cryptocurrencies within a timeframe of three business days.
SakuraBlooming
Thu Jan 16 2025
It's important to note that not all funds are immediately available for crypto trading.
BlockProducer
Wed Jan 15 2025
Specifically, limited cash deposits can be utilized for instant crypto purchases.
ZenBalance
Wed Jan 15 2025
Additionally, proceeds obtained from the sale of cryptocurrencies are also instantly accessible for further trading activities.