You might want to move coins from one of your own investing accounts to another, or send some to a friend who uses the same app. Moving cash or shares between your own accounts is a quick bookkeeping change, but crypto sent to another person normally travels over a blockchain to an address they give you.
Robinhood gives you three ways to do this, and each suits a different destination. An internal asset transfer moves eligible assets between accounts you own. A Send from your Robinhood Crypto balance delivers coins to a blockchain address, including another person's Robinhood deposit address. A send from Robinhood Wallet moves coins out of a self-custody wallet whose keys you hold. Which one fits depends on who owns the destination and what you are moving.
If you are new to the platform, start with what Robinhood Crypto is. The sections below walk through each method step by step, the limits that apply, and how to send ETH from another exchange to a Robinhood account.
What is a send between Robinhood accounts?
A send between Robinhood accounts is any move of crypto, cash, or stock from one Robinhood balance to another. The method depends on ownership: accounts in your own name can use an internal asset transfer, while a balance that belongs to someone else can only receive crypto through an on-chain send to their deposit address.
Robinhood lets you move eligible assets among accounts you own, which covers self-directed individual investing accounts, a joint investing account, managed accounts, and a spending account. Assets can only go to accounts you own (source: Robinhood, Internal Assets Transfer). That keeps another person's account out of reach, even when both of you use the same app.
Between individual and joint investing accounts, the eligible assets are settled stocks and other equities (fractional shares and shares lent out through Stock Lending included), settled cash (including brokerage cash that earns interest), and margin debt, as long as the receiving account already has margin turned on. Neither short positions nor margin debt headed into a managed account can move this way (source: Robinhood, Internal Assets Transfer).
Crypto is held differently, because coins you buy on Robinhood sit in a separate Robinhood Crypto account. Those coins can't be moved to another brokerage firm (source: Robinhood, Transfer Your Assets Out). That separation is why the method you choose matters more for crypto than it does for cash or shares.
Between brokerage firms, the standard route is the Automated Customer Account Transfer Service (ACATS), which moves stocks, bonds, exchange-traded funds, cash, and most mutual funds from one firm to another, usually within three to six business days (source: Investopedia, Automated Customer Account Transfer Service (ACATS)). It is an almost fully electronic system that operates in the United States (source: Wikipedia, Automated Customer Account Transfer Service). For coins, then, the real choice is between an internal asset transfer, a brokerage Send, and a Wallet send.
For more on moving coins off the platform, read how to withdraw crypto from Robinhood and how to deposit crypto on Robinhood.
Daily dollar caps on outbound sends are covered in Robinhood crypto withdrawal limits.
Internal asset transfer vs Crypto Send vs Wallet send
An internal asset transfer is a bookkeeping change inside Robinhood between accounts you own, with no blockchain involved. Crypto Send broadcasts coins from your Robinhood Crypto balance to a blockchain address. Wallet send broadcasts coins from the Robinhood Wallet app, where you hold the keys. Each one comes with its own limits, costs, and timing, summarized in the table below.
| Internal asset transfer | Crypto Send | Wallet send | |
|---|---|---|---|
| Who can receive | Accounts you own at Robinhood | Any address on the matching network, including another person's Robinhood deposit address | Any address or exchange on a supported network |
| Where you start | Account, then Transfer | The coin's detail page, then Send | Wallet app Home, then Send |
| Network fee | None, because nothing goes on a blockchain | Yes, paid to the network | Yes, paid to the network |
| Timing | Most finish within minutes; after 8 PM ET, the next business day | Depends on network confirmations | Depends on network confirmations |
Internal transfers show their status under Account, then History, once you submit them. Most finish within minutes, a transfer submitted after 8 PM ET is processed on the next business day, and any stocks or ETFs in a pending transfer are frozen for trading until it completes (source: Robinhood, Internal Assets Transfer).
Crypto Send is a blockchain transaction, so it carries a cost an internal transfer never has. Robinhood adds no fee of its own to send or receive crypto, but every transaction pays a network fee, all of which goes to the network, and you see the estimate before you confirm. That fee is added on top of the amount you enter, unless you choose Send All, in which case it comes out of the total. Even Robinhood can't cancel or reverse a send once it goes out (source: Robinhood, Crypto Transfers).
Wallet send starts from Home, then Send, in the Robinhood Wallet app, the self-custody app where you hold the keys. It can reach any address or exchange that supports Robinhood Chain, Ethereum, Bitcoin, Solana, Dogecoin, Arbitrum, Polygon, Optimism, or Base, and both ends must use the same network. You can also fund Wallet from your brokerage crypto balance with Transfer from Robinhood, which is an on-chain transfer too. It moves supported coins over Ethereum, Bitcoin, Dogecoin, Solana, or Polygon (source: Robinhood, Send, Receive, and Swap Crypto).
The simplest way to choose is to start from the destination. Use an internal asset transfer when both accounts are yours, Crypto Send or Wallet send when the destination is a blockchain address, and ACATS when the destination is a securities account at another firm. The difference between the brokerage balance and the self-custody app is explained in Robinhood Crypto and Robinhood Wallet, and Robinhood's own network is covered in Robinhood Chain explained.
How to run an internal asset transfer
To run an internal asset transfer, open Account in the Robinhood app, choose Transfer, then Transfer assets between accounts, pick the accounts you own on each side, select the assets, and review and submit. Settled cash has its own Transfer money between accounts option, which ends with the same review step.
To move stocks or ETFs between your own accounts:
- Tap Account, the person icon, to open your account menu.
- Tap Transfer to see the transfer options for your accounts.
- Choose Transfer assets between accounts to move stocks or ETFs.
- Tap Continue, then pick the account the assets leave and the account they go to.
- Select the stocks or ETFs you want to move to the other account.
- Review the details on screen, then submit the transfer request.
- Track the status under Account, then History, until the transfer completes.
Settled cash has a parallel path: open Account, then Transfers, then Transfer, choose Transfer money between accounts, enter the amount, pick the account the cash leaves and the account it goes to, and review and submit.
Transfers involving a managed account can only be started in the app, since the website doesn't offer them. A custodial account can receive eligible stocks or ETFs held in your individual investing account. Once assets land there, the move is one-way and can't be undone (source: Robinhood, Internal Assets Transfer).
Say you want $500 of settled cash to move from your individual investing account into a second individual investing account you own. Follow the cash path above, enter $500 as the amount, and pick the two accounts. Before you submit, confirm both accounts are yours and the $500 has settled, because cash tied to a pending ACH deposit can't move yet. Submitted before 8 PM ET, the cash usually appears in the receiving account within minutes.
Transfers between individual, managed, and joint accounts are capped at 10 per day, and the count resets at 12 AM ET. For managed accounts, each internal transfer also has a minimum size of $50. Assets tied to an ACH deposit or ACATS transfer that is still pending stay put until it clears. The same applies to assets bought with Instant deposit funds from a pending transfer (source: Robinhood, Internal Assets Transfer). Crypto bought with instant funds can transfer after normal settlement, unless the account holds other assets worth more than the unsettled amount (source: Robinhood, Crypto Account Funding).
A partial transfer moves tax lots automatically in first-in, first-out (FIFO) order. For unmarried co-owners, moving assets into a joint account can change ownership, which can change the cost basis used for gains and losses. Interest earned while a stock was on loan through Stock Lending goes to the account it came from once the 30-day period ends (source: Robinhood, Internal Assets Transfer).
How to send crypto to a friend's Robinhood account
To send crypto to a friend's Robinhood account, ask them to open the coin in their app, tap Receive, and share their deposit address. You then open the same coin, tap Send, paste that address, enter the amount, and review and submit. Both sides must use the same network, and the transfer is final once it goes out.
Both of you need crypto transfers turned on first, which means completing Robinhood's Verify It's You identity check. Approval is usually quick but can take up to 5 business days (source: Robinhood, Crypto Transfers).
- The recipient opens the detail page for the coin you plan to send and taps Receive.
- The recipient copies the deposit address shown and sends it to you, together with its network.
- You open the detail page for the same coin in your own app and tap Send.
- You paste the full address you were given into the address field.
- You enter the amount of the coin you want to send.
- You tap Review, check the address and network against what the recipient sent, then tap Submit.
Every coin in a Robinhood account has its own deposit address, so the recipient should copy the one shown under Receive for that exact coin. A Robinhood withdrawal address is a different string, and sending coins to it can lose them. If you use address allowlisting, a new address only takes effect after 48 hours. During that hold, only addresses you approved earlier can receive a send (source: Robinhood, Crypto Transfers).
Say you want 0.50 ETH to land in a friend's Robinhood Crypto balance. They copy their ETH deposit address on Ethereum and send it to you. You open ETH, tap Send, paste the full address, and enter 0.50. The estimated network fee is added on top, so your balance falls by 0.50 ETH plus that fee. Ethereum deposits need 30 confirmations, about 5 minutes, before the coins show up on their side (source: Robinhood, Crypto Transfers).
The Consumer Financial Protection Bureau summed up the risk of a wrong transfer in its August 2014 consumer advisory on virtual currencies: "Mistakes can be extremely costly." (source: CFPB, Risks to consumers posed by virtual currencies). Treat the Review screen as your last chance to fix the address or the network.
The ETH you send does not have to start on Robinhood, because any exchange that withdraws ETH on Ethereum can deliver to your friend's deposit address. That gives you another way to fund the transfer: buy ETH on the ETH/USDT Spot market on BloFin and withdraw it straight to them.
To see what 0.50 ETH costs before you decide where to buy it, check the live price on the ETH/USDT Spot page.
Robinhood Crypto assets and internal transfers
Coins held in your Robinhood Crypto account can't move through an internal asset transfer, because transferring Robinhood Crypto account assets is on the list of transfers you currently can't complete. A narrower crypto internal transfer exists only between eligible self-directed individual investing accounts, so most crypto moves use Send or Wallet.
Crypto in an account with a fraud, financial-crimes, or account-level hold can't move, and crypto tied up in an open limit or stop order stays where it is until that order fills or is canceled. Because the route only reaches accounts you own, it can never deliver coins to someone else (source: Robinhood, Internal Assets Transfer).
A common mistake is opening Transfer assets between accounts, picking a coin, and trying to send 0.50 ETH to a second Robinhood login that belongs to someone else. That transfer fails twice over: the destination isn't yours, and Robinhood Crypto account assets aren't eligible. Nothing is broadcast, so the 0.50 ETH stays in your Robinhood Crypto account. The fix is to cancel the attempt and use Send to the other person's deposit address on the matching network.
Another mistake is treating Wallet's Transfer from Robinhood as an internal transfer. It still picks a blockchain network and waits on that chain, so it carries a network fee and the same finality as any other send. A third is pasting a Robinhood withdrawal address as if it were a deposit address, which can lose the coins.
Moving your whole brokerage account to another firm through ACATS leaves the coins behind. If you don't sell them within 5 months, Robinhood Crypto will liquidate them and send the cash to the receiving brokerage. Robinhood charges $100 for a partial or full ACATS transfer out (source: Robinhood, Transfer Your Assets Out). To keep the coins themselves, send them on-chain or move them into Wallet before you start the ACATS transfer.
The networks each coin can travel on are listed in Robinhood crypto supported networks, and matching USDC to the right chain is covered in Robinhood USDC transfers across chains.
How to send ETH from BloFin to a Robinhood account
To send ETH from BloFin to a Robinhood account, get the recipient's ETH deposit address and network from their Receive screen, start an ETH withdrawal on BloFin on that same network, paste the full address, enter the amount, and submit. The coins credit once Robinhood sees enough confirmations on Ethereum.
- Ask the recipient to open ETH in Robinhood, tap Receive, and share the address and network.
- On BloFin, buy the ETH you need on ETH/USDT Spot, or use ETH you already hold.
- Start an ETH withdrawal and choose the network the Receive screen showed, Ethereum in this example.
- Paste the full Robinhood address, then enter the amount of ETH to send.
- Check that the network and address match the Receive screen, then submit.
- Wait for the deposit to confirm on the Robinhood side.
For more on network choice and withdrawal timing, read Ethereum deposits and withdrawals on BloFin.
A BloFin withdrawal is a different kind of move from an internal asset transfer. An internal transfer changes balances inside Robinhood between accounts you own, it follows a brokerage cutoff of 8 PM ET, and it posts on the next business day if you submit late. A withdrawal from BloFin is a blockchain transaction, so it runs around the clock, pays a network fee, and is final once confirmed.
For the 0.50 ETH example, read the BloFin review screen to see how the network fee is applied, so the amount that reaches your friend is the amount you intended. If your BloFin balance is smaller than 0.50 ETH, buy the difference first, since a second withdrawal means a second network fee.
The one check that matters most is the network, so if the Robinhood Receive screen says Ethereum, the BloFin withdrawal must also be on Ethereum. If the names disagree, stop at the review step and ask for the address again. For an internal transfer, the equivalent check is ownership: stop if the destination account isn't yours.
Looking to buy ETH and send it to a Robinhood account? To get started, you'll need to first create a BloFin account, fund your account with cryptocurrency, and navigate to the ETH/USDT Spot trading page.
Frequently asked questions
Can I send Robinhood crypto to another person with a phone number or email?
Sending crypto to another person on Robinhood works through their blockchain deposit address. Internal asset transfers only reach accounts you own, so they can't deliver coins to a friend however you identify them. Ask the other person to copy the address under Receive for that coin, paste it into Send on the matching network, and compare the first six and last four characters with their screen before you submit.
Do internal asset transfers pay a blockchain network fee?
An internal transfer of settled cash or stock changes balances inside Robinhood, so it has no miner or validator charge. Brokerage Send and Wallet send are different: each one is broadcast to a blockchain and pays that chain's fee. Transfer from Robinhood into Wallet also picks a network, so treat it as an on-chain send when you check the fee line before you confirm.
Does an internal asset transfer affect an inbound ACATS bonus?
An internal transfer can affect that bonus if it lowers the balance of the account that earned it. If you recently received a boost, bonus, or cash reward for moving an outside brokerage account into Robinhood, you need to keep the qualifying balance to keep that reward. A transfer out of the rewarded account may cost you eligibility and can trigger a bonus removal charge. Read the terms of that specific promotion before you move a large amount out of the rewarded account (source: Robinhood, Internal Assets Transfer).
Can I move stocks into a Robinhood spending account?
A spending account can only receive cash through an internal transfer, so stocks and other non-cash assets have to stay in an investing account. Retirement accounts have a similar limit: assets can't go from an IRA to a taxable account, or the other way round. Sell first and move the cash if you want the value in a spending account, and keep in mind that a sale can create a taxable gain.
What happens to crypto if I ACATS my brokerage account to another firm?
The securities move to the new firm, while your coins stay with Robinhood Crypto, because that account is separate from the brokerage. A full transfer also sells any fractional shares and sends the cash. If you want the coins at the new firm, send them on-chain to an address there first. Any coins left behind and later liquidated arrive as cash, and the receiving firm's own rules then apply to that cash.
Is Wallet's Transfer from Robinhood an internal transfer?
They are separate tools: Transfer from Robinhood moves coins out of your brokerage crypto balance into Robinhood Wallet, where you hold the keys, and it asks for a one-time code from your authenticator app after you review and submit. An internal asset transfer stays inside the brokerage, between accounts you own, and shows up under History. Use Wallet for self-custody and the brokerage transfer screen for cash or stock.
Can I choose which tax lots move on a partial internal transfer?
Robinhood picks the lots for you on a partial transfer, oldest first, and customized or specified lots aren't supported. If you need particular shares to arrive in the destination account, adjust the size of the transfer until the lots that remain behind are the ones you want, then confirm the cost basis in the receiving account. Robinhood doesn't give tax advice, so ask a tax professional about any lot-level question.
Researched and written by the BloFin Academy editorial team with AI-assisted drafting. Updated October 2026. Primary sources: Robinhood Internal assets transfer, Robinhood Transfer your assets out, Robinhood Send, Receive, and Swap Crypto, Robinhood Crypto transfers, Robinhood Crypto account funding, Investopedia's ACATS explainer, the Wikipedia ACATS page, and the CFPB August 2014 consumer advisory on virtual currencies. All facts independently verified against cited documentation current as of September 2026.
This article is educational and general in nature, not financial or investment advice. Cryptocurrency transfers are irreversible, balances can be lost to wrong addresses or networks, and transfer support can change. Nothing here is a recommendation to buy, sell, or hold any asset. Do your own research, and consider a licensed professional before making financial decisions. BloFin does not provide investment advice.