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, 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 a new wallet
  2. Select Use Face ID/Touch ID or Use biometrics or Create a custom PIN
  3. Select Back it up to iCloud, Back it up to Google Drive, Back it up manually, or Skip to back it up later
  4. Select Turn on notifications or Maybe later to turn on later
  5. Select Let's go

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, see back up your wallet.

Import your existing wallet

You can import an existing Ethereum, Bitcoin, 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 your existing wallet
  2. You can either copy and paste, or manually enter your secret recovery phrase
  3. Select Import
  4. Select Continue
  5. Select Use Face/Touch ID or Use biometrics or Create a custom PIN
  6. Select Back it up to iCloud, Back it up to Google Drive, Back it up manually, or Skip to back it up later
  7. Select Turn on notifications or Maybe later to turn on later
  8. Select Let's go

See step-by-step instructions in Fund your wallet with Robinhood Crypto.

Note

Currently, you can’t choose additional addresses to import from an Ethereum, 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 Recover your wallet from iCloud or Recover your wallet from Google Drive
  2. Enter the password to unlock your backup
  3. Select Recover wallet
  4. Select Use Face/Touch ID or Use biometrics or Create a custom PIN
  5. Select Continue

Fund your wallet with Robinhood Crypto

You can transfer crypto from a Robinhood Crypto account to fund your Robinhood Wallet. You'll have the option to transfer supported crypto over Ethereum, Bitcoin, Dogecoin, Arbitrum, Polygon, Optimism, or Base. You can see which crypto are supported in Robinhood Wallet when you fund it.

iOS or Android

  1. HomeMenuTransfer from Robinhood (or Transfer on Android)
  2. Choose crypto to transfer
  3. Choose a network
  4. Enter the amount to transfer
  5. Select ReviewSubmit
  6. Enter your one-time code from your authenticator app
  7. Select Return to Robinhood Wallet

You can also fund Robinhood wallet from another wallet or exchange.

Fees

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

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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). Cryptocurrency services are offered through Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). The Robinhood Money spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. Credit card products are offered by Robinhood Credit, Inc. (“RCT“) (NMLS ID: 1781911 and issued by Coastal Community Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc.

The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. RHF, RHY, RHC and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC and RHS are not banks. Securities products offered by RHF are not FDIC insured and involve risk, including possible loss of principal. Cryptocurrencies held in RHC accounts are not covered by FDIC or SIPC protections and are not regulated by FINRA. RHY products are not subject to SIPC coverage but funds held in the Robinhood Money 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.

Commission-free trading of stocks, ETFs and options refers to $0 commissions for Robinhood Financial self-directed individual cash or margin brokerage accounts that trade U.S. listed securities and certain OTC securities electronically. Keep in mind, other fees such as trading (non-commission) fees, Gold subscription fees, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Robinhood Financial's Fee Schedule to learn more.

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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). Cryptocurrency services are offered through Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). The Robinhood Money spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. Credit card products are offered by Robinhood Credit, Inc. (“RCT“) (NMLS ID: 1781911 and issued by Coastal Community Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc.

The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. RHF, RHY, RHC and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC and RHS are not banks. Securities products offered by RHF are not FDIC insured and involve risk, including possible loss of principal. Cryptocurrencies held in RHC accounts are not covered by FDIC or SIPC protections and are not regulated by FINRA. RHY products are not subject to SIPC coverage but funds held in the Robinhood Money 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.

Commission-free trading of stocks, ETFs and options refers to $0 commissions for Robinhood Financial self-directed individual cash or margin brokerage accounts that trade U.S. listed securities and certain OTC securities electronically. Keep in mind, other fees such as trading (non-commission) fees, Gold subscription fees, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Robinhood Financial's Fee Schedule to learn more.

Robinhood, 85 Willow Road, Menlo Park, CA 94025.© 2024 Robinhood. All rights reserved.