How to Sell Crypto on Robinhood: A Step-by-Step Guide

To sell crypto on Robinhood, open the app or website, select the cryptocurrency you hold, tap Trade, and choose Sell. Enter either a dollar amount or coin amount, review the order details, and submit.

After the sale fills, you can keep the cash in your brokerage account or reinvest it. You can also transfer it to your bank once it is available to withdraw.

This guide shows how to sell on mobile and desktop and explains what affects your execution price. It also covers what to expect with cash availability and the tax basics U.S. filers should keep in mind.

Key Takeaways

• How to sell: Find the coin, choose Trade – Sell, enter the amount, review, and submit.
• Order type matters: Market sells prioritize speed, while limit sells prioritize price control.
• Proceeds aren’t always instantly withdrawable: Withdrawal availability can depend on standard brokerage processing and account restrictions.
• Taxes apply: Selling crypto is typically a taxable event and may create capital gains or losses.

What should you know before selling crypto on Robinhood?

Before you hit Sell, confirm a few basics so you do not get surprised by the fill price or what you can do with the cash afterward. In practice, this takes a minute and can save you a lot of frustration.

• Know what selling means for your goal: Are you selling to move to cash, to rebalance, or to move funds elsewhere? Your next step changes what you do after the trade, similar to the considerations when buying Bitcoin on Robinhood.
• Choose between a market or limit order: A market order can fill quickly but not necessarily at the price you saw seconds ago. A limit order helps you control price, but it might not execute.
• Review your position and cost basis: Robinhood shows holdings and performance, but for taxes you may still want your own records.
• Expect price movement: Crypto can move fast. If the exact execution price matters, a limit order is usually the better tool.

If you are planning to transfer crypto out instead of selling, Robinhood’s help page on crypto transfers explains what is required to move supported assets.

How do you sell crypto on the Robinhood app (step-by-step)?

You sell crypto in the app by opening the coin, tapping Trade, choosing Sell, entering your amount, and submitting the order. The mistake most people make is rushing the preview screen.

That is where you can catch the order type and estimated proceeds before you commit.

• Open Robinhood and log in.
• Tap the crypto you want to sell: Find it via Search or your Holdings.
• Tap Trade.
• Select Sell.
• Choose how to enter the order: In dollars (example: $100 worth of BTC) or in coin (example: 0.002 BTC).
• Pick your order type (if prompted): Many users default to market orders, but you may be able to switch to limit for more price control.
• Review the preview screen carefully: Confirm the asset, amount, order type, and estimated proceeds.
• Submit the order.
• Check order status: Confirm whether it filled immediately or is pending.

If you are selling because you ultimately want to withdraw cash, CoinTracker’s walkthrough on taking money out of Robinhood covers the end-to-end flow. It explains everything from selling through moving funds to a bank.

How do you sell cryptocurrency on Robinhood’s desktop website?

You sell on desktop the same way as mobile, just with a different layout: open the crypto, choose Trade, and select Sell. What actually matters here is confirming you are on the right asset page and reviewing the order details before placing it.

• Sign in on Robinhood’s website.
• Navigate to your crypto holdings: Or use Search to find the coin.
• Open the crypto’s detail page.
• Select Trade, then choose Sell.
• Enter the amount: In dollars or in coin.
• Select order type: Market or limit, if available.
• Review and submit the order.
• Monitor the order in your history until it shows filled.

If you prefer a visual walkthrough, BeInCrypto’s guide on buying and selling crypto on Robinhood can help you match the steps. This ensures you know exactly what you see on screen.

Does Robinhood charge fees to sell crypto, and what are spreads?

Robinhood may advertise commission-free trading, but your sale can still have costs through the execution price. You might not see a line-item fee, but you can still receive slightly less than the headline price if spreads widen.

The spread is the difference between the price you could sell for and the price you could buy for at the same moment. In fast markets, spreads can widen, which affects what you receive when you sell.

While Robinhood uses a spread-based model, other dedicated exchanges use a transparent fee schedule. This can help you determine if the commission-free model is actually saving you money.

Because the exact fee model can change, your best move is to use the order preview to understand the trade. If price precision matters, consider using a limit order.

Market order vs. limit order: which is better for selling crypto?

Neither order type is universally better; it depends on whether you prioritize speed or price control.

• Market order (sell): You are telling Robinhood to sell immediately at the best available prices. This offers faster execution but may result in a worse price during volatility.
• Limit order (sell): You set the minimum price you are willing to accept. This offers more control, but the order may not fill if the market never reaches your price.

A common approach is using market orders for small, time-sensitive sales. Limit orders are typically used when you care about hitting a specific price target.

After you sell, when can you withdraw your cash?

You can usually see the proceeds as cash in your brokerage account after the sale fills. However, it may not be immediately available to withdraw to your bank.

Availability can depend on standard brokerage processing, timing, and account restrictions. Robinhood typically separates total cash from cash available to withdraw.

Processing times can vary by bank and transfer method. Always confirm the sale is filled and the cash is marked as withdrawable before initiating a transfer.

How do you move money from Robinhood to your bank account?

You move money by going to Transfers, selecting Robinhood-to-bank, entering the amount, and submitting once the funds are withdrawable. For more detail, this Robinhood withdrawal guide covers the full process.

• Confirm your bank account is linked to Robinhood.
• Go to Transfers: This is found in the cash management section.
• Choose a transfer direction: Select Robinhood to your bank.
• Enter the transfer amount: This must be within your withdrawable cash limit.
• Review and submit the transfer request.
• Track status until the transaction completes.

If your transfer fails, it is often due to mismatched bank details or insufficient withdrawable cash. Double-check your available balance and the linked account information.

What are the tax implications of selling Bitcoin and crypto on Robinhood?

For U.S. taxpayers, selling crypto is typically a taxable event. This means you may realize a capital gain or a capital loss depending on your sale price.

Robinhood may provide transaction history and tax documents, but you are still responsible for accurate reporting. The rate depends on factors like how long you held the asset and your broader tax situation.

This is a core part of what cryptocurrency for beginners should cover before tax season. For IRS baseline rules, see the guidance on virtual currency transactions.

Why can’t you sell crypto on Robinhood? (Common issues and fixes)

You usually cannot sell because you do not have sellable quantity available or your order is not filling. Identifying the specific issue is the quickest way to find a fix.

• Available quantity: You might have open orders, transfers, or holds affecting your available quantity.
• Pending orders: This is common with limit orders set away from the current market price.
• App issues: Updating the app, restarting, or trying the desktop website can resolve temporary glitches.
• Account restrictions: Some actions may require identity verification or additional account review.
• Market volatility: Fast price moves can cause re-quotes or unexpected order delays.

If you are trying to transfer crypto from Robinhood rather than sell it, confirm what assets are supported. Ensure you follow all steps required to move assets to an external wallet.

The Bottom Line

Selling crypto on Robinhood is straightforward: pick the coin, choose Sell, select your order type, and submit. The bigger decisions involve choosing between market and limit orders and planning for taxes.

Before you finalize any sale, review the order preview and confirm the order fills. Keeping clean records will make the process much easier when tax time arrives.