Robinhood Wallet empowers you to send, receive, buy, transfer, and swap crypto seamlessly. Below is a detailed guide to managing your digital assets securely and efficiently.
How to Send Crypto
Supported Networks
Send crypto over these blockchains:
- Ethereum
- Bitcoin
- Solana
- Dogecoin
- Arbitrum
- Polygon
- Optimism
- Base
⚠️ Important: Always match the network when transferring (e.g., send Polygon tokens only to Polygon-supported wallets).
Step-by-Step Guide
- Tap Send from the Home screen.
- Select the crypto to send.
- Enter the recipient’s address (scan QR or manually).
- Specify the amount.
- Review → Accept and Continue → Submit.
- Authenticate via Face ID, biometrics, or PIN.
👉 Learn how to avoid crypto scams
How to Receive Crypto
Compatible Networks
Receive crypto from self-custody wallets on:
- Ethereum
- Bitcoin
- Solana
- Dogecoin
- Arbitrum
- Polygon
- Optimism
- Base
✅ Pro Tip: Verify the sender’s identity and network compatibility before accepting.
Steps
- Navigate to Receive from the Home screen.
- Choose the crypto type.
- Share your QR code or wallet address.
Buying and Transferring Crypto
Options
Robinhood Connect:
- Pay via debit card, bank account, or Robinhood buying power.
Sardine:
- Credit/debit card payments (where available).
Funding Your Wallet
Transfer supported crypto from Robinhood Crypto accounts over:
- Ethereum
- Bitcoin
- Dogecoin
- Solana
- Polygon
Swapping Crypto
Supported Networks
Swap tokens on:
- Ethereum
- Solana
- Polygon
- Arbitrum
- Base
- Optimism
🔹 Key Features:
- Guaranteed vs. estimated rates.
- Slippage tolerance settings.
Cross-Chain Swaps
Bridge assets across networks (e.g., Ethereum → Solana). Note:
- Longer processing times.
- Variable liquidity risks.
Fees and Timings
Fee Breakdown
| Fee Type | Cost |
|-------------------------|----------------------------------|
| Robinhood Wallet Fee | 0.80% (same-chain), 0.73% (cross-chain) |
| DEX Provider Fee | 0.05%–0.12% |
| Gas Fees | Network-dependent |
⏳ Processing Times:
- Cross-chain swaps: Slower due to bridge liquidity.
FAQ
1. Is Robinhood Wallet FDIC-insured?
No. Self-custody wallets aren’t FDIC or SIPC protected.
2. How do I avoid failed swaps?
Check liquidity and set higher slippage tolerance.
3. What if a swap fails?
You’ll typically receive the original tokens back.
👉 Explore secure crypto practices
Final Notes
- Always verify addresses before transacting.
- Monitor gas fees for cost-efficient transfers.