![]() I sold my crypto on RH which showed up instantly within my withdrawable funds and did not have to wait for that to settle. The awesome thing about Coinbase is that I've had an account and was able to add all of the verification steps to make sure my instant deposit limit was 25k. ![]() You just have to wait for the manual micro deposits to show up in your Robinhood Cash Management which took me about 2.5 days to show up and verify. When you are in Coinbase it is pretty glitchy when you try to use the Plaid instant connect feature to add RH as an ACH, however just "x" out of the window and manually enter in your ACH and Routing Number for your RH Cash Management account. Saw this thread a couple days ago since I've been pretty worried about the whole RH crypto situation and wanted to comment to let the people know that this does in fact work and I just was able to move over my funds today which was a huge relief. Some alt coins blow away BTC in their returns (but yes, they're much riskier). ![]() Also, another possible opportunity cost is that you cannot use ETH if you hold it to purchase alt coins on places like UniSwap. Another is that some kind of bug with the exchange's software causes the crypto to disappear.Īn opportunity cost to consider with keeping crypto at Robinhood is the lack of ability to earn interest on your crypto that some places like Celsius and BlockFi offer (they both currently advertise > 6% APY and at Celsius it's compounded weekly). Other risks are common to just about any crypto exchange, like the exchange gets hacked and your crypto is stolen. The biggest risk, to me, right now is that Robinhood ends up going bankrupt and I lose all the crypto I hold with Robinhood. That means to ask yourself what risks do you carry by continuing to keep your crypto at Robinhood? I can think of a few things. The thing to think about is "counter party risk". The CSS used by this subreddit is the Erdune Theme modified by /u/Annihilia and /u/konkedas. You MUST verify the integrity of this software before running it.Latest stable version: 25.0 (May 2023).You can also use Bitcoin Core as a very secure Bitcoin wallet. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. Almost all Bitcoin wallets rely on Bitcoin Core in one way or another. #bitcoin Other Bitcoin sitesīitcoin Forum Bitcoin Stack Exchange Bitcoin Magazine Download Bitcoin Coreīitcoin Core is the backbone of the Bitcoin network. ![]() Do not post your Bitcoin address unless someone explicitly asks you to.Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Please avoid repetition - /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem.r/Bitcoin is primarily for news and discussion. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. Trades should usually not be advertised here.Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted.Submissions that are mostly about some other cryptocurrency belong elsewhere.This subreddit is not about general financial news. News articles that do not contain the word "Bitcoin" are usually off-topic.Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins.Do not use URL shortening services: always submit the real link.If you are new to Bitcoin, check out We Use Coins and. As such, it is more resistant to wild inflation and corrupt banks. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money.
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