How to transfer crypto from Robinhood to Coinbase - the complete guide

January 27, 2026 by Staff Writer
How to transfer crypto from Robinhood to Coinbase - the complete guide
Can I transfer crypto from Robinhood to Coinbase?

For years, buying crypto on Robinhood was a "look but don't touch" experience. One could speculate on the price of Bitcoin or Dogecoin, but still have no chance to actually use it. For years, buying crypto on Robinhood meant you could track prices but had no access to actual tokens for transactions or staking.

That era is over.

Now that Robinhood has enabled external transfers, keeping personal assets on the platform is a liability. If one is serious about crypto, the goal must be to graduate from "price exposure" to "asset ownership." This means moving liquidity to an exchange like Coinbase, where actual on-chain utility exists, or better yet, to a hardware wallet where total sovereignty is maintained.

On Robinhood, Ethereum sits idle. On Coinbase or in a self-custody wallet, that same Ethereum can be staked for yield, bridged to Layer 2 networks like Base, or used to buy NFTs. Below is a step-by-step guide to transferring your assets from Robinhood to Coinbase or a self-custody wallet.

Can you transfer crypto from Robinhood to Coinbase

Yes, Robinhood now supports depositing and withdrawing crypto to external wallets. This feature removes the "walled garden" restriction that previously forced investors to sell their assets for cash to leave the platform. However, executing these transfers requires navigating specific verification hurdles and settlement timelines.

To initiate a transfer, the account must have Two-Factor Authentication (2FA) enabled and identity verification completed. The most common friction point is the "settlement period." While Robinhood allows "instant" trading with deposited funds, those funds cannot be withdrawn until they actually clear the bank, which typically takes up to five business days. If Bitcoin was recently purchased with an instant deposit, those specific coins are locked until the cash arrives.

When asking can I transfer from Robinhood to Coinbase, the answer is affirmative, provided the assets are fully settled and the correct network is selected. Robinhood does not charge a withdrawal fee, but the user is responsible for the blockchain network fee (gas). Before moving large amounts, it is advisable to evaluate the destination. For example, comparing Kraken vs Coinbase reveals significant differences in staking rewards and advanced trading tools that might influence where the liquidity should ultimately be parked.

What you need before transferring

Before moving any liquidity, specific security protocols must be active. Robinhood does not permit asset withdrawals without strict compliance. First, Two-Factor Authentication (2FA) must be enabled. This is a mandatory firewall for any crypto withdrawal. Second, identity verification (KYC) must be completed. If an account status is still "pending," the assets remain locked.

On the receiving end, a fully operational Coinbase account is required to generate a valid deposit address. It is worth noting that these transfer capabilities functions can also be sent back. Users often inquire can you transfer crypto from Coinbase to Robinhood to consolidate specific holdings, and the prerequisites – verified identity and active security features – apply equally to deposits. Finally, funds must be "settled." If Bitcoin was purchased using an instant bank transfer, the specific coins cannot be withdrawn until the cash transaction clears the banking system, typically taking three to five business days.

How to enable crypto transfers on Robinhood

One cannot simply hit "send" and walk away. Robinhood requires users to unlock these features explicitly, treating the transfer capability as a privilege rather than a default setting.

Step 1: The identity verification (KYC) First, the user must prove they are not a bot. Navigate to Settings > Security, where a prompt will request a photo of a government-issued ID and a live selfie. This is standard Anti-Money Laundering (AML) protocol. Until this status changes from "Under Review" to "Verified," assets are temporarily inaccessible until verification completes on the platform.

Step 2: Two-factor authentication (2FA) 2FA is required for withdrawals. We recommend using an authenticator app like Google Authenticator or Authy, since SMS verification can be vulnerable to SIM swapping. Robinhood will not release funds to an external address without this second layer of defense active.

Step 3: Accessing the wallet Once verified, the interface changes. Opening a specific asset page (e.g., Bitcoin) will now reveal "Send" and "Receive" buttons. This functionality is bi-directional; meaning once unlocked, one can also transfer crypto from Coinbase to Robinhood to consolidate a trading stack, though the primary goal here is usually extraction.

Robinhood will display a final review screen showing the network fee (gas) and the total amount to be deducted. This is the last checkpoint. Verify the first four and last four characters of the wallet address match the Coinbase address perfectly. Hit submit. After the blockchain confirms the transaction (typically 10 to 60 minutes), your crypto is transferred and fully accessible on the new platform.

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