Cryptocurrency Q&A Why is my Robinhood crypto transfer still pending?

Why is my Robinhood crypto transfer still pending?

Silvia Silvia Sat Jan 18 2025 | 5 answers 1251
I initiated a crypto transfer on Robinhood a while ago, but it's still showing as pending. I'm wondering why the transfer hasn't been completed yet and if there's anything I can do to expedite the process. Why is my Robinhood crypto transfer still pending?

5 answers

StarlitFantasy StarlitFantasy Sun Jan 19 2025
Market orders for cryptocurrencies are executed in a specific manner.

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Alessandro Alessandro Sun Jan 19 2025
Instead, it will remain in a pending state until the price returns within the collar range.

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KimonoGlory KimonoGlory Sun Jan 19 2025
They are placed as limit orders, which means a specified price must be met for the trade to occur.

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CryptoChieftainGuard CryptoChieftainGuard Sun Jan 19 2025
This process includes the use of a collar, which sets boundaries for the trade.

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WhisperWindLight WhisperWindLight Sun Jan 19 2025
If the price of the cryptocurrency fluctuates beyond these set boundaries, the order will not be immediately executed.

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