Selling cryptocurrency on Robinhood is quick and easy, making it a great choice for beginners and experienced traders. This guide explains the process, fees, and safety tips to help you sell crypto confidently. Updated for August 1, 2025, it draws from top sources and answers common questions to provide unique value.
Why Sell Crypto on Robinhood?
Robinhood offers a user-friendly platform with no commission fees for crypto trading. You can manage crypto alongside stocks and ETFs, and it supports over 50 cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Its 24/7 trading and simple interface make it ideal for selling crypto at your convenience.
Step-by-Step Guide to Selling Crypto
You can sell crypto on Robinhood using the app or website. Here’s how to do it on both platforms.
Selling Crypto on the Robinhood App
- Open the Robinhood app and go to the “Crypto” section.
- Tap the cryptocurrency you want to sell.
- Select “Sell” to start the process.
- Enter the amount you want to sell (in crypto or USD).
- Choose your order type: Market, Limit, or Stop Limit.
- Review your order details.
- Swipe up to confirm and submit.
Selling Crypto on the Robinhood Website
- Log in to your Robinhood account at robinhood.com.
- Click the “Crypto” tab.
- Select the cryptocurrency you want to sell.
- Click “Sell” and enter the amount.
- Choose your order type.
- Review and click “Submit” to complete.
Types of Orders for Selling Crypto
Robinhood offers three order types to give you control over your sale:
- Market Order: Sells instantly at the current market price. Best for quick sales but may vary due to price fluctuations.
- Limit Order: Sets a specific price for selling. It only executes if the market hits your price or better. Ideal for targeting a price.
- Stop Limit Order: Triggers a limit order when the crypto hits a “stop price.” For example, if Bitcoin is at $60,000, set a stop price at $55,000 and a limit price at $54,500 to protect against drops.
| Order Type | Pros | Cons |
|---|---|---|
| Market | Fast execution | Price may vary |
| Limit | Price control | May not execute |
| Stop Limit | Protects against losses | Complex setup |
Fees for Selling Crypto on Robinhood
Robinhood doesn’t charge commission fees for selling crypto, but other costs may apply:
- Network Fees: These occur when transferring crypto to external wallets. Fees vary by coin (e.g., 0.00001 BTC for Bitcoin).
- Spreads: Robinhood earns money through price spreads, meaning you might get slightly less than the market price when selling.
Check Robinhood’s fee schedule for details.
Can You Transfer Crypto Out of Robinhood?
Yes, you can transfer crypto to an external wallet. Here’s how:
- Go to the crypto’s detail page in the app or website.
- Select “Send.”
- Enter the amount and paste the wallet address.
- Confirm the transfer.
Key Points:
- Network fees apply (e.g., 1 DOGE for Dogecoin transfers).
- Transfer times vary: Bitcoin takes ~1 hour, Solana ~400 milliseconds.
- Double-check the wallet address to avoid losing funds.
- Robinhood doesn’t provide private keys; transfer to a wallet like Tangem for self-custody.
| Crypto | Confirmations | Transfer Time |
|---|---|---|
| Bitcoin | 6 | ~1 hour |
| Ethereum | 30 | ~5 minutes |
| Solana | 1 | ~400 milliseconds |
How Long Does Selling Crypto Take?
Selling crypto on Robinhood is instant, with funds credited to your account immediately. Withdrawing to a bank account takes 2-5 business days. Crypto transfers to external wallets depend on blockchain confirmation times (see table above).
Is Selling Crypto on Robinhood Safe?
Robinhood uses strong security measures:
- Two-Factor Authentication (2FA): Protects your account.
- Encryption: Secures your transactions.
- FinCEN Registration: Complies with U.S. regulations.
However, some users report account freezes during large withdrawals. To stay safe:
- Use a strong password.
- Enable 2FA.
- Avoid phishing scams.
- Read Robinhood’s security tips.
Which Cryptocurrencies Can You Sell?
Robinhood supports over 50 cryptocurrencies, including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Dogecoin (DOGE)
- Solana (SOL)
- Shiba Inu (SHIB)
Availability varies by region. For example, USDC isn’t available in Texas. Check the app for the full list.
Tips for Selling Crypto on Robinhood
- Set Price Alerts: Monitor market changes to sell at the right time.
- Use Limit Orders: Lock in your target price.
- Track Taxes: Selling crypto may trigger capital gains taxes. Keep records and read our tax guide.
- Compare Platforms: Robinhood is commission-free, but platforms like Coinbase offer more crypto options.
| Platform | Fees | Crypto Transfer | Cryptos Supported |
|---|---|---|---|
| Robinhood | No commission | Yes (with fees) | 50+ |
| Coinbase | 0.5%-4% | Yes | 200+ |
| eToro | 1% | Limited | 80+ |
FAQs
What fees does Robinhood charge for selling crypto?
No commission fees, but network fees apply for transfers. Spreads may affect your sale price.
Can I transfer crypto from Robinhood?
Yes, to external wallets, with network fees. Ensure the address is correct.
How long does it take to sell crypto?
Selling is instant; bank withdrawals take 2-5 days. Transfers vary by blockchain.
Is Robinhood safe for crypto trading?
Yes, with 2FA and encryption, but use strong security practices.
Which cryptos are available on Robinhood?
Over 50, including BTC, ETH, and DOGE. Check the app for regional availability.
Conclusion
Selling crypto on Robinhood is simple, commission-free, and secure when done right. Follow our steps, choose the best order type, and stay mindful of fees and taxes. For more crypto tips, check our posts on Withdrawing from Crypto.com, Day Trading Crypto, and Solana Buying Guide.
