Moving coins out of a trading app and into a wallet you control, or onto another exchange, takes only a few taps. The risk sits in what happens after you confirm, because a blockchain transfer is final. Paste one wrong character, pick the wrong network, or leave out a required memo, and nobody can send the coins back to you.
On Robinhood, a crypto withdrawal is a Send from the coin's detail page: you paste the destination address, enter an amount, check the Review screen, and submit. Robinhood holds the keys until the coins leave, so the address, the network and any tag have to be right before you tap Submit. Cash withdrawals to a bank account are a separate process, and what Robinhood Crypto is explains how the brokerage account handles cash and coins.
What is a Robinhood crypto withdrawal?
A Robinhood crypto withdrawal is an on-chain transfer of a supported coin from your Robinhood Crypto balance to an outside address that you paste into the app. That address can belong to a self-custody wallet, a deposit screen at another exchange, or Robinhood Wallet, which is a separate app where you hold the keys yourself.
Custodial means Robinhood manages the keys while the coins sit in your account. Customer coins are held in Robinhood's corporate crypto addresses, and the private keys to those addresses stay with Robinhood, so sending coins to an external self-custody wallet is how you take the keys yourself. To switch Send on in the first place, you complete Robinhood's Verify It's You identity check, which is usually approved quickly but can take up to 5 business days before crypto transfers are enabled (source: Robinhood, Crypto Transfers).
After that, every transfer you send is final, and even Robinhood cannot cancel or reverse it. One wrong character in the address can cost you the funds, and so can a network the destination does not support. Before you confirm, check four things: the address, the network, any memo or tag the destination asks for, and the person or website asking you to send. Scams often start with a request to move coins quickly (source: Robinhood, Crypto Transfers).
Two Robinhood addresses are easy to confuse. Your Receive address, shown when you tap Receive on a coin's detail page, is the one you give to anyone sending coins to you. When Robinhood broadcasts your withdrawal, the sender address that appears on the blockchain is a Robinhood-managed address. Coins sent back to that sender address will never reach your balance (source: Robinhood, Crypto Transfers). Mixing up those two addresses is one of the two common ways a transfer ends at an empty balance. The other is choosing a network the destination does not credit.
Withdrawal limits are set per account and depend on your verification level, your transaction history and the payment methods you use. Deposits are unlimited, while withdrawal limits can change daily and cannot be raised by request. You can see yours under Account (the person icon), then Menu (three bars), then Crypto (source: Robinhood, Crypto Transfers). Read that figure before you type a Send amount. For what moves those numbers, read Robinhood crypto withdrawal limits.
Brokerage app vs Robinhood Wallet send
A brokerage Send and a Robinhood Wallet send look alike on screen, and they are different custody events. In the brokerage app, Robinhood debits your custodial balance and broadcasts from an address it manages. In Robinhood Wallet, you sign the transaction with keys you hold, so the send rests on your signature alone.
Robinhood Wallet is a separate download from the main Robinhood app. It is a self-custody wallet for Bitcoin, Ethereum, Solana and Dogecoin, plus the Arbitrum, Base, Optimism, Polygon and Robinhood Chain networks, and you hold the private keys to everything it stores. Recovery works differently too: you back a Wallet up to iCloud, to Google Drive or by hand. Restoring it uses that backup, or an import with its secret recovery phrase (source: Robinhood, Robinhood Wallet).
That custody difference explains a detail on the block explorer that surprises many people. When you withdraw from the brokerage app, the explorer lists a Robinhood-managed address as the sender, so the sending address matches nothing you have saved. That is expected. It is also why that sender address must never serve as a deposit address for coins you want back in your account (source: Robinhood, Crypto Transfers).
Robinhood Wallet can also be the destination of a brokerage Send. Open Wallet, copy its receive address for the matching network, paste it into the Send screen in the Robinhood app, and wait for confirmations on that chain. Once the coins land, you hold the keys, and the same steps work for any other self-custody wallet with a compatible address. For fees, supported coins and recovery side by side, read Robinhood Crypto and Robinhood Wallet.
If the destination is another Robinhood customer's account, the process has its own steps, and how to send crypto between Robinhood accounts walks through them.
How to withdraw crypto step by step
Once transfers are enabled, a Robinhood crypto withdrawal takes five actions in the app, all on the coin you want to move. You start on that coin's detail page and finish on a Review screen that shows the destination, the network and the estimated network fee, which is your last chance to stop before you submit.
- Open the detail page for the coin you want to withdraw.
- Tap Send.
- Paste the receiving address, copied from the destination's current deposit or receive screen.
- Type the amount you want to send.
- Tap Review, check the address, network and fee estimate, then tap Submit.
Every on-chain transaction pays a network fee, also called a miner fee or gas fee, and the whole fee goes to the network. Robinhood shows its estimate before you finalize the transfer and adds it on top of the amount you type: send 100 DOGE with a 1 DOGE fee and 101 DOGE leaves your balance. Send All works the other way round. Sending all 100 DOGE with the same fee delivers 99 DOGE to the recipient (source: Robinhood, Crypto Transfers).
Ethereum tokens follow the same rule with one twist. ERC-20 (Ethereum Request for Comments 20) is the token standard that gives every compatible token the same functions for transfers, balances, total supply and spending approvals (source: Ethereum Foundation, ERC-20 Token Standard). Robinhood supports ERC-20 withdrawals for tokens such as Chainlink (LINK), Uniswap (UNI), Shiba Inu (SHIB) and USDC. The network fee is paid in ether (ETH), yet you need no ETH balance to send one: Robinhood converts the fee into the token and takes it from the token balance you are sending. An ETH balance cannot be used to pay it (source: Robinhood, Crypto Transfers).
Saved addresses cut down on paste errors. You can give a destination a nickname, which applies to one coin only, so a BTC nickname works for BTC transfers and nothing else. The withdrawal screen also lists addresses you sent to successfully before. Tapping the plus sign beside one of them stores it under a nickname (source: Robinhood, Crypto Transfers).
After you tap Submit, Robinhood gives you a transaction hash (TxID), the unique ID of your transfer, with a link to a third-party block explorer. The explorer shows the recipient, so compare it with the address you pasted. Its confirmation count is the best guide to how long the transfer has left before it is final (source: Robinhood, Crypto Transfers).
Network selection, tags, and address checks
Two fields decide whether a withdrawal arrives: the network and the address. The coin and the network you choose must match, each coin can travel only on its own blockchain, and the receiving wallet or exchange has to support that same network. A send to an incompatible network can be lost for good (source: Robinhood, Crypto Transfers).
Ethereum addresses for ordinary accounts, which developers call externally owned accounts, are 42 characters long: the 0x prefix followed by 40 hexadecimal characters (source: Ethereum Foundation, Ethereum Accounts). Networks built on the Ethereum Virtual Machine (EVM), including several layer 2 networks, use the same 0x format, so one address can look valid on more than one chain. That is how ETH sent on Ethereum to a deposit address set up for a layer 2 network ends up uncredited. For how address formats and prefixes work across networks, read what a blockchain address is.
Robinhood accepts ETH withdrawals to both ordinary accounts and smart contract addresses. Ethereum Classic (ETC) also uses 0x addresses. Even so, Robinhood refuses an ETC withdrawal to a smart contract, showing an unsupported-address error even when the address starts with 0x (source: Robinhood, Crypto Transfers). Check the format coin by coin, even when two addresses look identical.
Some networks also need a tag or memo, an extra number or note that tells a custodial service which customer to credit when many customers share one deposit address. On the XRP Ledger, a destination tag identifies who should receive a payment, such as the customer an exchange should credit (source: XRP Ledger, Source and Destination Tags). Robinhood requires a numeric tag for XRP and a memo for Cosmos (ATOM). Hedera (HBAR) uses account IDs such as 0.0.123456 and also needs a memo. A Stellar (XLM) address that begins with G needs a separate memo from the receiving party (source: Robinhood, Crypto Transfers).
If the destination is a self-custody wallet with no tag field, the address alone is enough. If it is an exchange deposit, copy the tag and the address from the same deposit screen in the same sitting, because a transfer with the right address and a missing tag can still go uncredited.
For address formats coin by coin, read Robinhood crypto supported networks, and for the networks USDC can travel on, read Robinhood USDC transfers across chains.
On Robinhood Chain, transfers of ETH, USDG and Cash Cat (CASHCAT) are unavailable to customers in New York (source: Robinhood, Crypto Transfers). Robinhood Chain explained covers the network itself.
Before Review, run one last check: the coin, the network, the address format, and the tag if the destination shows one. Then compare the first and last few characters of the pasted address with the destination screen.
Wait times, 2FA, and allowlisting delays
A Robinhood withdrawal can wait at three points: the one-time identity review that turns transfers on, a security review of each transfer, and the network confirmations after broadcast. The security review usually takes a few minutes and occasionally longer (source: Robinhood, Crypto Transfers). Watch the TxID before you treat a submitted transfer as finished.
Two-factor authentication (2FA) is a form of multi-factor authentication: an app or website lets you in only after you show at least two different kinds of proof that you are who you claim to be (source: Wikipedia, Multi-factor authentication). Those kinds fall into three groups, something you know such as a password, something you have such as a smart card, and something you are such as a fingerprint. The two factors must come from different groups (source: NIST, Back to basics: Multi-factor authentication).
Robinhood pairs your password with something you have. When it needs extra proof, it can ask for a device approval, a one-time SMS code, bank verification, a three-point selfie, or photos of the front and back of a government ID (source: Robinhood, Verify It's You). A Send that seems stuck is often waiting on one of these prompts while nothing has happened on the blockchain yet.
Phones get replaced and travel breaks SMS codes. You can change your phone number from the app, and the SMS screen offers an I need help option when a code never arrives. A selfie or ID photo works best in even lighting, with a retry on your phone if the web version fails (source: Robinhood, Verify It's You). Finish those steps before you assume Send is broken, since your coins stay in your custodial balance until the transfer is broadcast.
Address allowlisting is an optional security setting that limits withdrawals to addresses you have approved, and once it is on it applies to every withdrawal. Each new address or settings change then waits through a 48-hour maturation period before it takes effect, so someone who takes over your account cannot move funds out straight away. During those 48 hours you can still send to addresses already on the list, while sends to new ones are paused. You turn it on under Account, Menu, Crypto, Advanced security (source: Robinhood, Crypto Transfers). Add a new exchange deposit address or hardware wallet address two days before you need the coins to move.
Withdrawal examples and the BloFin deposit path
Three worked examples show how a withdrawal plays out: a clean send to your own wallet, a wrong-network send that never arrives, and a send to an exchange so you can trade the coins. Each one moves ether (ETH) on the Ethereum network, so the steps and the numbers stay comparable from one example to the next.
Say you want 0.40 ETH in an Ethereum wallet you control, with an address that starts with 0x. You open ETH, tap Send, paste the address, type 0.40 and read Review. The fee estimate appears as an ETH amount added on top, you submit, and after Ethereum confirms the transfer the wallet shows 0.40 ETH while your Robinhood ETH balance falls by 0.40 plus the fee. If anything on Review looks wrong, you back out before Submit, and once the explorer shows your address as the recipient, the transfer is done.
A common mistake runs the other way. The exchange you are sending to has its ETH deposit screen set to a layer 2 network, which also shows a 0x address. You paste that address into Robinhood Send and leave the network on Ethereum. The transfer confirms on Ethereum, the layer 2 deposit never credits, and the coins stay on the chain you used. A mistyped address is just as final: an incorrect public key sends the funds to the wrong person. Without a hosted wallet provider, nobody can stop the payment or return the money (source: CFPB, Consumer Advisory on Virtual Currencies). The protection is a small test send whenever you use a new exchange, a new network or a newly generated deposit address, followed by the full amount once the test credits.
The third example is a common next step: you withdraw ETH because you want to trade it on an exchange with an order book. BloFin is one place to do that, since ETH sent from Robinhood can be deposited there and traded on ETH/USDT Spot. You create a BloFin account, open the ETH deposit screen, copy the Ethereum deposit address, and paste it into Robinhood Send for ETH on the Ethereum network. You send 0.40 ETH plus the displayed network fee and wait for BloFin to credit the deposit.
At an example price of 2,500 USDT, those 0.40 ETH are worth 1,000 USDT. A stop sell 5% below that price, at 2,375 USDT, limits the loss to 50 USDT, and a limit sell at 2,750 USDT targets a 100 USDT gain. BloFin charges a maker or taker fee on the spot fill, which is separate from the Robinhood network fee you already paid on the way in.
The live price and order-book depth for ether are on the ETH/USDT Spot trading page, which is worth opening once your deposit has credited.
Robinhood withdrawals vs a BloFin spot deposit
A Robinhood Send and a BloFin spot trade are two steps of one move, and each has its own cost. The Robinhood step is an on-chain transfer out of a custodial balance, paid with a network fee. The BloFin step is a trade on an order book after the same ETH credits, paid with a maker or taker fee.
The two fees never overlap. The network fee goes to the blockchain when the coins leave Robinhood, and the trading fee applies only when your order fills on BloFin. A maker fee applies when your limit order rests on the book and another trader fills it later; a taker fee applies when your order fills at once against orders already waiting there. Neither fee is charged twice, and a BloFin trade never adds a second network fee on the Robinhood side.
Size any order from the balance BloFin credits, which can differ from the amount you typed into Robinhood. An explorer can show your deposit address as the recipient while BloFin is still waiting for its own confirmations, and until the credit appears there is nothing to sell. Once it does, you can place a limit order at your own price or a market order at the best price on the book, and both pay only BloFin's trading fee.
If your Robinhood Send went to Robinhood Wallet first, the coins need one more hop. Copy BloFin's current ETH deposit address, make sure the network is Ethereum, and sign the send in Wallet. The spot order waits until that second deposit credits, and the Wallet send pays its own network fee.
After the trade, you can hold the ETH, sell it for USDT, or withdraw it from BloFin to a wallet you control, which repeats the same address and network checks in the other direction.
Looking to trade ETH/USDT Spot after your withdrawal lands? 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
Why is part of my crypto stuck after I bought it with instant bank funds?
Crypto bought with instant funds from a bank transfer that has not fully cleared stays in the app until that transfer settles. A similar hold covers coins bought with buying power from Robinhood's ACATS bonus campaign while the bonus is still in its hold period, and a daily transfer limit or the funding method you used can also keep part of a balance in place. The rest of the coin can still be sent. Wait for the bank transfer to complete, then try Send again on the remainder (source: Robinhood, Crypto Transfers).
Can I withdraw Zcash to a shielded address?
Robinhood sends Zcash (ZEC) only to transparent addresses, the unshielded kind that start with t. Shielded addresses and unified addresses are unsupported, so the app rejects a paste of either one before anything is broadcast. If the wallet you want to use offers only a shielded address, generate a transparent t-address in a wallet you control and withdraw to that. Selling ZEC in the app is the other route if what you really need is dollars or a coin with wider transfer support (source: Robinhood, Crypto Transfers).
How do I read a Robinhood TxID if the explorer link is missing?
Copy the transaction hash Robinhood gives you after Submit and paste it into a block explorer for the network you used: a Bitcoin explorer for BTC, an Ethereum explorer for ETH and ERC-20 tokens. Check that the hash on the explorer matches yours, that the recipient is the address you pasted, and how many confirmations the transfer has so far. If no hash appears yet, the transfer is probably still in Robinhood's security review, which usually clears within minutes (source: Robinhood, Crypto Transfers).
Can I deposit Zcash back to Robinhood after I withdraw it?
Robinhood accepts no ZEC deposits, so a Zcash withdrawal is one way. Once the coins reach your transparent address, they can stay in that wallet or move to another service that accepts ZEC, but they cannot come back onto your Robinhood balance as Zcash. If you later want ZEC on Robinhood again, you buy it in the app. Sending ZEC to a Robinhood address anyway puts it at risk, because a coin Robinhood does not support can vanish for good once it lands on a Robinhood address (source: Robinhood, Crypto Transfers).
Why can BloFin still show a pending ETH deposit after the explorer already has confirmations?
The explorer shows that the blockchain accepted the transfer, while BloFin credits the deposit on its own rule for that coin and network, which can call for more confirmations than the explorer displays at that moment. Watch the deposit screen on BloFin, and size any order from the credited amount. If the network or address was wrong, the deposit stays pending or never appears, and the coins sit on whichever chain you actually used, so check the explorer for the network before you contact support.
Are crypto withdrawals available in every US state?
Robinhood Crypto transfers are available in every US state, as well as Puerto Rico, the US Virgin Islands and the District of Columbia. Trading is a separate permission, and some coins cannot be traded in New York while USDC cannot be traded in Texas. A coin you can see in the app and a coin you can send can therefore carry different restrictions. Check the coin's detail page in your state before you buy a token only to move it somewhere else (source: Robinhood, Crypto Transfers).
Can I copy an XRP destination tag from one venue onto a different venue's address?
Destination tags belong to the service that issued them. A tag that credits you at one exchange will credit someone else, or nobody, if you paste it next to a different exchange's XRP address, because each service matches tags against its own customer records. Take both details from one deposit screen at one time, and never mix a tag with an address copied elsewhere. Wallets you control usually skip the tag entirely. An old tag from a previous deposit stays tied to the address it came with, so request fresh details each time you deposit somewhere new.
Does selling ETH/USDT on BloFin close a Robinhood ETH balance?
Your Robinhood ETH balance falls when the Send broadcasts, before anything happens on BloFin. A later ETH/USDT sell on BloFin spends only ETH that has already credited there. While the transfer is in flight, Robinhood has already debited the coins and BloFin has nothing to sell yet, so place the spot order only after the deposit screen shows the credited amount. If BloFin never credits the deposit, there is no BloFin balance to sell, and the explorer shows where the coins went.
Researched and written by the BloFin Academy editorial team with AI-assisted drafting. Updated October 2026. Primary sources: Robinhood's Crypto transfers, Verify It's You and Robinhood Wallet support articles, the Ethereum Foundation's accounts documentation and ERC-20 token standard, the XRP Ledger documentation on destination tags, Wikipedia on multi-factor authentication, NIST's multi-factor authentication basics, and the CFPB's 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 withdrawal limits and coin 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.