Send, receive, and swap crypto
You can send, receive, buy or transfer, or swap crypto with your Robinhood Wallet.
You can send crypto from Robinhood Wallet to any address or exchange that supports Ethereum, Bitcoin, Solana, Dogecoin, Arbitrum, Polygon, Optimism or Base transfers. Make sure you transfer crypto over the same network. For example, only send crypto on Polygon to another wallet or exchange that supports Polygon.
Remember to only send crypto to people and entities you know and trust. For more safety tips, review how to identify and report scams.
You can receive crypto from other self-custody wallets on Ethereum, Bitcoin, Solana, Dogecoin, Arbitrum, Polygon, Optimism, or Base. To receive crypto from an exchange, make sure you verify that the exchange supports withdrawals for that crypto on one of the supported networks.
Remember to only receive crypto from people and entities you know and trust. For more safety tips, see how to identify and report scams.
You can buy crypto using Robinhood Connect and Sardine where available. Depending on the token and network you choose, you may be able to choose which provider you want to use to buy crypto. If the token is only available with one provider, you’ll be directed to that provider.
You can buy crypto with a debit card, bank account, or Robinhood buying power using Robinhood Connect.
You can buy crypto with a debit card or credit card using Sardine where available.
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, Solana and Polygon. You can see which crypto are supported in Robinhood Wallet when you fund it.
You can swap crypto on the Ethereum, Solana, Polygon, Arbitrum, Base, and Optimism networks via 0x API and LI.FI, decentralized exchange (DEX) aggregators. Keep in mind, you can only swap tokens that are supported on those networks, and available through 0x API or LI.FI.
Learn how to swap crypto across networks.
Your swap may execute with a rate that is either guaranteed or estimated.
A rate that is guaranteed is locked in for 30 seconds before they automatically refresh. 0x API or LI.FI try to fill your order by routing to a market maker. If a market maker is offering a competitive quote, it’s a guaranteed rate. When rates are guaranteed, there’s no difference, or slippage, between the quoted price and the execution price.
Keep in mind, orders will only execute if they fall above or below the slippage tolerance (a percentage of the total swap value) that you choose.
A rate that is estimated is continually refreshed to give you the best price possible. If no market makers have a quote available, 0x API or LI.FI route your order to a network of automated market makers (AMM) to find the best available rate. Your order will execute if it falls within the slippage tolerance that you select, which means the executed price may differ from the quoted price. The order won’t execute if the rate goes beyond that threshold above or below the quoted price.
Your balances will automatically update after your transaction has been processed on the blockchain.
You’ll need to approve most tokens to be swapped by 0x API and LI.FI the first time you swap them. These token approvals help protect your crypto from others who might try to access it without your permission.
Cross-chain swaps allow you to swap crypto across Ethereum, Solana, Arbitrum, Polygon, Optimism, and Base networks.
Learn more about cross-chain swap security risks.
The time to complete varies due to network activity and other factors, and may take longer than estimated. You can view this when reviewing your order. Keep in mind, cross-chain swaps typically take longer.
The following are types of fees that may apply for different activities. Fees are subject to change.
Estimated fees are the breakdown of the individual fees that are not included in the swap rate that will be paid from the native token balance.
Rates are sourced from multiple providers to find the best one among those providers, and may differ from the market rate due to volatility, liquidity, and other factors. Swap fees are also included in the rate.
Estimated total is the value of crypto you receive, which accounts for fees that may be included in the swap rate. This estimate may differ from the final total at execution due to volatility and slippage.
Swap network fees, or gas fees, are blockchain transaction processing fees. These required fees are submitted to the network along with your transaction. These fees fluctuate based on the volume of transactions, confirmation speed, and transaction size for that network.
Robinhood Wallet swap fee: A fee is applied to each swap, calculated from the base token you’re swapping from and dependent on the type of swap:
DEX provider fee: Depending on the swap provider (0x or Lifi), a provider fee may apply:
Partner fees are paid to decentralized exchange (DEX) aggregators to process the transaction. These are separate from the Robinhood Wallet swap fee.
Bridge fees are charged by third parties to execute swaps across networks.
Token approval network fees may be required the first time you swap a token on each DEX.
Solana Associated Token Account (ATA) fees are paid the first time you interact with a token on the Solana network to create and manage the ATA on the Solana blockchain. Here’s a breakdown of what’s included:
Robinhood Wallet doesn’t receive or collect any part of these fees.
The time to complete a cross-chain is typically longer than a same-chain swap and can be difficult to accurately predict due to many factors like bridge liquidity, network fee volatility, etc.
Bridging assets to new networks doesn't guarantee access to necessary liquidity for functions like borrowing, lending, and swapping. Before doing a cross-chain swap, check that the token is supported on the destination network. In some circumstances, a cross-chain swap may fail because of limited liquidity or inadequate slippage. If a cross-chain swap fails, the DEX will attempt to return the same asset and quantity to your wallet that you originally attempted to swap. However, it’s possible that you receive a different token and non-exact quantity in your wallet. You should receive a push notification and in-app notification when this occurs.
Our self-custody crypto wallet and related services are offered through Robinhood Non-Custodial, Ltd., a limited company organized in the Cayman Islands, and other third-party providers. Crypto held through the Robinhood Self-Custody Wallet isn't FDIC insured or SIPC protected. Availability may be subject to regulatory approval in certain jurisdictions.