How can you move your crypto out of Robinhood? They mentioned something about ACATS. Anybody tried it yet? Which exchange did you transfer to?
" .. crypto transfer. They don't offer that" " ..tranfer crypto using ACATS" You don't see the contradiction in your comment (replied to post by mistake) here? From what I read.. once you start transfer and they'll market sell your cryoto and transfer the cash. So, NO they will not transfer the crypto as-is!
“ from what I read.. “ and confirm “NO, they will not transfer...” - things escalated quickly there. 😂
RH doesn’t transfer crypto through ACATS. I just liquidated my crypto to move out. Applied for margin & options trading at Fidelity, E*TRADE.
Damn, that was a taxable event. Anyway, happy to know you are also leaving this shit (Robinhood - robbing everybody under their hood lol)
Just read their crypto user agreement, there are two options: 1- if you close your account, you can transfer balance of your crypto to any address that you provide to Robinhood 2- tell them to liquidate and then transfer money to affiliated bank accounts. Enjoy guys!
Which app you guys recommend for crypto? Including dogecoin
I have been using Gemini mostly. But they don't keep shitcoins (xrp, doge). Used coinbase before but their service goes down with every move up or down in BTC.
For everybody's reference:
Robinhood doesn't sell crypto. They sell a crypto derivative. Don't buy crypto on Robinhood. Not your keys...
Read their transfer page.. you can't move crypt out. Sell it and take the tax loss!
You are talking about crypto transfers. They don’t offer that. But if you close your account, then you can transfer your stocks or crypto using ACATS. It has to be initiated by another exchange and they can close the account after that.