Cryptocurrency Transfers and Deposits

Instant Access to Funds

If you have a Robinhood account, you get instant access to your funds up to $1,000. Additional funds will land in your account after normal settlement times. 

If you have a Robinhood Gold account, you’ll have instant access to your funds up to your Gold tier amount, and any additional funds will land in your account after normal settlement times. 

Keep In Mind

You can’t use Gold Buying Power to purchase cryptocurrencies on Robinhood Crypto.

Coin Withdrawals

At this time we don’t support coin withdrawals, though we plan to do so in the future.

Transferring Coins Into Robinhood Crypto

We don’t support transfers of your existing cryptocurrency assets or wallets into your Robinhood Crypto account. Our primary concern is preventing the proceeds from illegal activity from being used for transactions on Robinhood Crypto. We’ll be sure to update you if and when this type of transfer becomes available.

Your Wallet

We don’t currently provide you with access to your wallet or your wallet address.

You own the cryptocurrency assets in your account, and you can buy or sell them at any time. We’re evaluating features to allow you to safely transfer coins to and from Robinhood, and we’ll update you when these features are available.

Tax Reporting

Digital currency held as a capital asset will be taxed as property, and subject to capital gains and losses. We’ll provide you with your tax documents during tax season. Check out our Tax Center for more information on Robinhood’s tax documents, and please consult your tax advisor on account-specific tax filing information.

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