Robinhood Wallet | Robinhood

Robinhood Wallet

Before you begin

Robinhood Wallet is a separate app from the Robinhood app. Download the Robinhood Wallet app for iOS or Android.

The Robinhood Wallet app is a self-custody wallet that’s your portal to web3 where you can store and manage your crypto on the Ethereum, Bitcoin, Solana, Dogecoin, Arbitrum, Polygon, Optimism, and Base networks. Robinhood Wallet gives you full control over your crypto, which means you hold the private keys to your assets.

Create a new wallet

iOS or Android

  1. Select Create new wallet
  2. Select one of the following ways to secure it:
  • Use Face ID/biometrics (recommended)
  • Create a custom PIN
  1. Select an optionj to back up your wallet:
  • Back it up to iCloud
  • Back it up to Google Drive
  • Back it up manually
  • Remind me later to back it up later
  1. Select Turn on notifications or Maybe later to turn on later
  2. Select Let's go to finish setup

We strongly recommend backing up your wallet because it's the only way you can recover your wallet and crypto if you lose or reset your device. If you don’t back up your wallet when you create it, you can do it later in Backups & security. For step-by-step instructions, check out back up your wallet.

Import your existing wallet

You can import an existing Ethereum, Bitcoin, Solana, Dogecoin, Arbitrum, Polygon, Optimism, or Base wallet to Robinhood Wallet by using your existing wallet’s secret recovery phrase.

iOS or Android

  1. Select Import wallet
  2. You can either copy and paste, or manually enter your secret recovery phrase
  3. Select Import, then Continue
  4. Choose how to secure it:
  • Use Face/biometrics (recommended)
  • Create custom PIN
  1. Select an option to back up your wallet:
  • Back it up to iCloud
  • Back it up to Google Drive
  • Back it up manually
  • Remind me later to back it up later
  1. Select Turn on notifications or Maybe later to turn on later
  2. Select Let's go to finish setup
Note

Currently, you can’t choose additional addresses to import from an Ethereum, Solana, Arbitrum, Polygon, Optimism, or Base secret recovery phrase, but we’re working on supporting this in the future.

Recover your wallet

If you backed up a wallet to your iCloud or Google Drive in the past, you can recover it.

iOS or Android

  1. Select Import or recover wallet
  2. Select Recover wallet from iCloud or Recover wallet from Google Drive
  3. Enter the password to unlock your backup
  4. Select Recover wallet, then Continue
  5. Choose your security option:
  • Use Face/biometrics (recommended)
  • Create a custom PIN
  1. Select Continue

Fund your wallet

You can buy crypto to fund your wallet using Robinhood Connect or with Sardine where available. You can also transfer supported crypto from a Robinhood Crypto account or from another wallet or platform.

Fees

Check out Fees for more information on the different types of fees.

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All investing involves risk.

Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker dealer (member SIPC), and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC).

Futures and cleared swaps trading is offered by Robinhood Derivatives, LLC, (“RHD”) a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA). RHD is not FDIC insured or SIPC protected.

Cryptocurrency services are offered through an account with Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Review a list of RHC's licenses for more information. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected.

The Robinhood spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. Review a list of our licenses for more information.

The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Robinhood Gold Card is subject to credit approval and underwriting. Robinhood Gold Card is offered by Robinhood Credit, Inc., and is issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc. Robinhood Credit, Inc. (“RCT”), is a financial technology company, not a bank.

Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC (“RHG”).

RHF, RHY, RHC, RCT, RHG, RHD, and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC, RCT, RHG, RHD, and RHS are not banks. Investing products offered by RHF are not FDIC insured and involve risk, including possible loss of principal.

RHY is not a member of FINRA, and products are not subject to SIPC protection, but funds held in the Robinhood spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (review the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

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Robinhood, 85 Willow Road, Menlo Park, CA 94025. © 2025 Robinhood. All rights reserved.
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All investing involves risk.

Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker dealer (member SIPC), and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC).

Futures and cleared swaps trading is offered by Robinhood Derivatives, LLC, (“RHD”) a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA). RHD is not FDIC insured or SIPC protected.

Cryptocurrency services are offered through an account with Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Review a list of RHC's licenses for more information. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected.

The Robinhood spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. Review a list of our licenses for more information.

The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Robinhood Gold Card is subject to credit approval and underwriting. Robinhood Gold Card is offered by Robinhood Credit, Inc., and is issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc. Robinhood Credit, Inc. (“RCT”), is a financial technology company, not a bank.

Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC (“RHG”).

RHF, RHY, RHC, RCT, RHG, RHD, and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC, RCT, RHG, RHD, and RHS are not banks. Investing products offered by RHF are not FDIC insured and involve risk, including possible loss of principal.

RHY is not a member of FINRA, and products are not subject to SIPC protection, but funds held in the Robinhood spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (review the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

RO 4146192

Robinhood, 85 Willow Road, Menlo Park, CA 94025. © 2025 Robinhood. All rights reserved.