< Investing with Cryptocurrencies
Help Center > Investing > Investing with Cryptocurrencies

Cryptocurrency Transfers and Deposits

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Instant Access to Funds

If you have a Robinhood Instant account, you will typically get instant access to your funds up to $1,000 to trade cryptocurrency.

If applicable, remaining funds not instantly available will land in your account after normal settlement times.

If you have a Robinhood Gold account, you’ll have instant access to your funds up to your Gold tier amount, and any additional funds will land in your account after normal settlement times.

For Robinhood Crypto, funds from stock, ETF, and options sales become available for buying within 3 business days. However, limited cash deposits and all proceeds from cryptocurrency sales are generally available to instant accounts immediately. See Crypto Buying Power on our Cryptocurrency Investing page for more details.

Please note: Robinhood Crypto may limit access to instant deposits at any time. We’ll communicate with affected customers if and when we make updates to instant deposit availability.

Keep in mind

You can’t use Gold Buying Power to purchase cryptocurrencies on Robinhood Crypto.

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Coin Withdrawals

At this time, we don't have the functionality to allow customers to transfer their cryptocurrency assets into or out of their Robinhood Crypto account, but we’re currently working on providing those abilities for supported cryptocurrencies.

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Transferring Coins Into Robinhood Crypto

At this time, we don't have the functionality to allow customers to transfer their cryptocurrency assets into or out of their Robinhood Crypto account. However, we’re currently working on providing the ability to deposit and withdraw supported cryptocurrencies.

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Tax Reporting

Digital currency held as a capital asset will be taxed as property, and subject to capital gains and losses. We’ll provide you with your tax documents during tax season. Check out our Tax Center for more information on Robinhood’s tax documents, and please consult your tax advisor on account-specific tax filing information.

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Crypto Buying Power

Funds from stock, ETF, and options sales become available for buying cryptocurrency within 3 business days. However, limited cash deposits and all proceeds from cryptocurrency sales are generally available to instant accounts immediately. Please note: Robinhood Crypto may limit access to instant deposits at any time. We’ll communicate with affected customers if and when we make updates to instant deposit availability.

Reference No. 1510807
Still have questions? Contact Robinhood Support