How To Transfer Crypto From Robinhood To External Address 2024

If you're looking to send your crypto assets out of your Robinhood account and to an external wallet address, this guide will show you how.

Robinhood Crypto is a separate entity from Robinhood, and it's important to understand the process involved.

Let's dive in!

Learn More: Robinhood Retirement 3% Match

Robinhood is a popular "all-in-one" investing app.

While they are most well-known for their commission free stock trading, they've recently shaken up the Retirement Investing World too.

Introducing Robinhood Retirement; home of the biggest IRA match on the market.

Here's what you need to know:

• Robinhood offers 2 types of retirement accounts - the Roth IRA and Traditional IRA
• All Robinhood investors will get a 1% Match on what they Contribute or Transfer
• Robinhood Gold members will get a 3% Match - the biggest on the market

And don't worry, this comes with a Portfolio Builder Tool. You don't have to construct your investment portfolio from scratch if you don't want to.

Lastly, you'll even get a free stock worth up to $200 when you open a new Robinhood account using our link.

Best Free Stock Promotions

Brokerage	Promotion	Link
	1 Free Fractional Share Worth Up To $200	Learn More
	Earn Up To 40 Free Fractional Shares	Learn More
	5 Free Stocks When You Deposit $100+	Learn More
	$20 Bonus When You Invest $5+	Learn More

1. Verify Identity & Enable 2FA

Before initiating any transfers, it's crucial to verify your identity and enhance the security of your Robinhood account with two-factor authentication (2FA).

This process typically involves submitting a photo of your government-issued ID and a live photo of yourself.

Once verified, enable 2FA through an authenticator app for an additional layer of protection.

2. Record Emergency Back Up Code

Upon enabling 2FA, Robinhood will provide you with an emergency backup code.

Store this code securely in a password manager or a protected location.

This code serves as a failsafe for accessing your account in case you lose your device.

3. Send Crypto

Once you've completed the above steps, here's how to send crypto to an external address:

1. Open the Robinhood app and navigate to the detail page of the cryptocurrency you wish to transfer.
2. Select the "Send" option.
3. Enter the amount of crypto you intend to send.
4. Paste the recipient's wallet address into the provided field.
5. Review the transaction details carefully, then confirm and submit the transfer.