You bought some Bitcoin on Robinhood, it went up, and now you want the money in your bank account. The steps are simple once you know the order: crypto has to become cash inside Robinhood before it can leave the app. Miss that step and the transfer button will not do what you expect.
Here is exactly how to withdraw money from your Robinhood crypto account in 2026, including the fees, limits, and wait times that catch people off guard.
First, Understand How Cash-Out Works
Robinhood does not let you send U.S. dollars straight from a crypto position to your bank. You first sell the crypto, which converts it to cash in your account, and then you withdraw that cash by bank transfer.
That is different from moving the crypto itself to an outside wallet, which is a separate feature. If your goal is spendable dollars in your checking account, selling and then transferring cash is the path you want.
Robinhood keeps this entire flow inside one app, which is a big part of its appeal for newer investors: you can buy, sell, and cash out crypto without juggling a separate exchange and wallet. That simplicity is exactly why it is a comfortable starting point for someone cashing out for the first time.
Robinhood
Robinhood
Robinhood is a trading platform that brings stocks, ETFs, options, futures, prediction markets, crypto, and retirement accounts together in one app.
Standout feature
One platform for stocks, ETFs, options, futures, prediction markets, and crypto
Fees
$0 commission on stocks, ETFs, and options.
Pros
Zero-commission trading on stocks, ETFs, and options
Cons
Best perks (high APY, lower margin rates) require Gold subscription ($5/month)
Step 1: Sell Your Crypto
Open the Robinhood app and tap the cryptocurrency you hold. Choose Trade, then Sell.
Enter the amount you want to sell, either in coin units or in dollars, and review the order. Once you confirm, the sale converts your crypto to cash. You cannot withdraw crypto gains as dollars until you sell the position first. Keep in mind that selling can be a taxable event, so note your gain or loss for tax season.
Step 2: Open the Transfers Menu
Tap the account icon to open your account page, then open the menu and choose Transfers.
Select Transfer money, and choose to move funds from Robinhood to your linked bank account. If you have not linked a bank yet, you will add one here, which may take a day or two to verify.
Step 3: Enter the Amount and Confirm
Type the dollar amount you want to withdraw, confirm the destination bank, and review the timing and any fee shown. Submit the withdrawal to start the transfer.
Standard bank transfers use the ACH network and are free. Robinhood also offers an instant option for a fee, which we cover below.
Fees to Expect
Standard ACH bank transfers carry no fee, which is the cheapest way to cash out. If you want the money faster, instant withdrawals to a debit card or bank account cost 1.75 percent of the amount, with a $1 minimum and a $150 maximum per transaction.
If instead you send crypto to an external wallet rather than selling, Robinhood does not add a fee, but the blockchain charges a network fee. For Bitcoin that fee is roughly 0.00005 BTC and varies with network traffic.
Timing and Limits
Standard ACH withdrawals typically take about 5 business days to land in your bank, though it can be faster. Instant transfers move in minutes for the 1.75 percent fee.
Robinhood generally caps ACH withdrawals at $50,000 per day, with up to five withdrawals daily. There is one more catch worth knowing: if you bought crypto using Instant buying power, that trade must fully settle, usually within about 5 business days, before the proceeds can be withdrawn. Plan for that delay so you are not surprised when the cash is temporarily locked.
Moving Crypto Instead of Cash
If you would rather keep your holdings as crypto and move them off Robinhood, you can send coins to an external wallet or another exchange. This is useful if you want self-custody in a hardware wallet or access to features Robinhood does not offer.
Other platforms handle this differently, so it helps to compare. Gemini is a dedicated exchange with strong wallet and transfer tools, and Robinhood itself now supports sending supported coins to outside wallets. Withdrawal times for on-chain transfers depend on the blockchain, not the app, so Bitcoin sends usually confirm in about 30 to 60 minutes.
If Robinhood is not the right home for your investing, Public is the closest commission-free alternative, pairing stocks, ETFs, and crypto in one app with a clean cash-out flow. For a reader who wants the same simple sell-then-transfer experience elsewhere, it is the most direct substitute.
Public
Public
Investing for those who take it seriously. Invest in stocks, bonds, options, crypto & more.
Standout feature
A 5%+ yield Bond Account paired with 3.3% APY on cash — Public is one of the only consumer apps where idle and conservative money is treated as seriously as the equity portfolio.
Fees
Free
Pros
• Invest in stocks, bonds, crypto & more• Earn 3.3% APY* on your cash with no fees• 1% match when you transfer your portfolio• Lock in a 5%+ yield with a Bond Account
Cons
Customer support is in-app and email only, no phone
Smart Habits Before You Cash Out
Before you pull money out, decide why. Selling locks in a gain or loss and may create a tax bill, so it can pay to keep records of your cost basis and sale price.
If you are cashing out to cover a bill or emergency, route the money to an everyday account you can access quickly, and avoid instant-transfer fees when you do not truly need the speed. For anything you plan to reinvest, weigh whether keeping funds inside a brokerage or exchange makes more sense than round-tripping to your bank.
For most people cashing out, Robinhood's free ACH transfers and clear in-app steps make it a straightforward place to turn crypto into spendable dollars, as long as you plan around the settlement window. If you are still deciding where to keep buying and selling, it remains one of the easiest commission-free apps to start with.
Robinhood
Robinhood
Robinhood is a trading platform that brings stocks, ETFs, options, futures, prediction markets, crypto, and retirement accounts together in one app.
Standout feature
One platform for stocks, ETFs, options, futures, prediction markets, and crypto
Fees
$0 commission on stocks, ETFs, and options.
Pros
Zero-commission trading on stocks, ETFs, and options
Cons
Best perks (high APY, lower margin rates) require Gold subscription ($5/month)
Frequently Asked Questions
Why can't I withdraw my crypto profits directly to my bank?
Robinhood only lets you withdraw U.S. dollars, not crypto, to a bank. You must sell your crypto first to convert it to cash inside the app, and then transfer that cash to your linked bank account.
How long does a Robinhood crypto cash-out take?
Standard ACH bank transfers usually take about 5 business days to reach your bank. Instant transfers arrive in minutes for a 1.75 percent fee, and crypto bought with Instant buying power may need about 5 business days to settle before the proceeds can be withdrawn.
Does Robinhood charge a fee to withdraw money?
Standard ACH bank transfers are free. Instant withdrawals cost 1.75 percent of the amount, with a $1 minimum and $150 maximum, and sending crypto to an external wallet incurs a blockchain network fee rather than a Robinhood fee.
What is the daily withdrawal limit on Robinhood?
Robinhood generally allows up to $50,000 in ACH withdrawals per day, with a maximum of five withdrawals in a 24-hour period. Limits can vary by account history and may be higher for some Robinhood Gold members.
Crypto values can move quickly and selling may have tax consequences, so consider your situation carefully before you cash out.
