Robinhood Starts To Allow Bitcoin Withdrawals Today

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  • Some users can now withdraw their bitcoin from Robinhood.
  • The feature is rolling out in phases to those on the waitlist.
  • Robinhood said it expects to roll out the feature to 10,000 customers by March.

Robinhood has started rolling out its long-awaited bitcoin withdrawal feature. The company said in a Thursday statement that some users in the WenWallets waitlist have begun taking part in the functionality as beta testers, trying out the new cryptocurrency wallets.

“This is the second major milestone in our Wallets rollout, which will enable Robinhood customers to send and receive their crypto from Robinhood to external crypto wallets, and fully connect Robinhood crypto holders to the greater blockchain ecosystem for the very first time,” per the statement.

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