▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
If you own Bitcoin on robinhood but want more freedom with it, Coinbase is one of the best crypto wallets out there to store your sweet sweet coins!
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If you are looking to transfer your crypto from Robinhood to Coinbase, you’ve come to the right place. Coinbase is one of the leading exchange platforms for Bitcoin and other cryptocurrencies.
Cryptocurrency investors decide to move from Robinhood to Coinbase for a number of reasons. The most common of which is to avoid the restrictions that Robinhood places on crypto.
Transferring your Robinhood crypto directly into a Coinbase account is not currently allowed. However, this just means there will be a few extra steps to ensure a secure transfer of your funds into your desired method.
Robinhood currently has a number of restrictions in place to protect newer crypto investors. One of these restrictions is that the crypto you hold within Robinhood is not allowed to leave the platform. This protects beginner investors from falling for scams and sending away their Bitcoin.
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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