To send crypto from Robinhood, open the app, go to the crypto's detail page, and select "Send" to begin the transfer. This step-by-step guide shows you exactly how to send crypto from Robinhood to an external wallet or exchange safely, without losing funds.
Before you send crypto from Robinhood: enable withdrawals
Before you can transfer any cryptocurrency out of Robinhood, you must first verify your identity. This is a mandatory requirement that unlocks the ability to send crypto to external wallets. Although verification is typically approved quickly, it may take up to 5 business days to review your information and enable crypto transfers. To check your current transfer limits, go to Account (person icon) → Menu (3 bars) → Crypto within the app. Your Robinhood Crypto account's withdrawal limits are determined by a variety of factors, such as your level of verification, transaction history, and preferred payment methods. Crypto withdrawal limits may vary depending on your recent account activity and are subject to change daily, so it is wise to confirm your limit before starting a transfer. If you are moving assets for someone else, make sure you are not acting as a crypto thrower.
How to send crypto from Robinhood in 5 steps
Once your identity is verified and you know your transfer limits, follow these steps to move your cryptocurrency. The entire process is completed inside the Robinhood mobile app or website.
- Go to the crypto's detail page. From the Home screen, select "Send".
- Choose the crypto to send. Then paste the crypto address of the receiving wallet, or scan the QR code.
- Enter the amount you'd like to send.
- Select "Review" → "Accept and Continue" → "Submit".
- Use biometrics, Face ID, or PIN to confirm. Select "Done".
After you confirm, Robinhood will process your request and broadcast the transaction to the blockchain. Crypto transfers are final and cannot be canceled or reversed, even by Robinhood, so take your time during each step.
Adding the recipient address safely
The most critical part of any crypto transfer is entering the correct destination address. Before confirming a transaction, always double-check the address, as a single wrong character can result in lost funds. Use the correct network; sending to an incompatible network can cause permanent loss. Include any required memo or tag, as some assets need this to complete the transfer. Watch for scams and always verify the source before sending crypto. To minimize errors, paste the address directly from your receiving wallet or scan its QR code rather than typing it manually. Each crypto in your Robinhood account has a unique deposit address; always use the address shown when you select "Receive" on the crypto's detail page. Never send crypto back to a Robinhood address you received it from, as the crypto address used for withdrawals is not the same as your deposit address. Sending crypto to an incompatible or inaccurate address might result in a loss. Any unsupported coins sent to a Robinhood address may be lost with no way to reverse the transaction.
Understanding Robinhood's crypto transfer fees
Robinhood does not charge any extra fees to send or receive crypto. However, every crypto transaction incurs a network fee, sometimes called a miner fee or gas fee. The network fee amount depends on the coin and how many other transactions are happening on the coin's network. You will see an estimate of the network fee before you finalize a send transaction. Robinhood does not receive any of the network fee; 100% of that fee is collected by the crypto network. When using the "Send All" function, the network fee will be deducted from the total amount sent; otherwise, it will be added to the amount you want to send. For ERC-20 token transfers on the Ethereum blockchain, the network fee is paid in Ether (ETH). Robinhood automatically calculates the ETH equivalent and debits your ERC-20 token balance directly, even if you don't have an ETH balance.
Tracking your transaction and finality
After you submit your transfer, you can monitor its progress using the transaction hash provided by Robinhood. Under ordinary conditions, crypto transfers can take up to a few hours due to network confirmations. Once the blockchain confirms the transaction, it is final and irreversible. Your crypto assets are held in your Robinhood Crypto account, which is separate from your Robinhood Financial account, and are not FDIC insured or SIPC protected. To comply with the Transfer of Funds Regulation (TFR), Robinhood is required to collect details about the sender or recipient for certain transfers. If you are sending crypto to an account that is not a recognized centralized provider (e.g., a decentralized exchange or a self-custody wallet), you may need to provide personal information such as your full name, physical address (PO boxes not accepted), official personal document number, date, and place of birth. If you are sending crypto to a self-custody wallet, you may be required to verify ownership of the wallet through a wallet signature or in-app certification. Always remember that once the crypto leaves your Robinhood account, you cannot reverse the transaction, so double-check every detail before submitting.
