Cash App says it isn’t taking inbound account transfers from Robinhood customers… for now

Cash App says that it isn’t allowing Robinhood users to transfer their stock portfolios from the service. This comes as Robinhood has experienced multiple outages this week and frustrated users are considering their options for moving their portfolios out of the brokerage.

Read moreCash App says it isn’t taking inbound account transfers from Robinhood customers… for now

Transfer Robinhood crypto positions into a wallet efficiently

One of the main appeals to owning crypto assets is that you can store it in an offline wallet, with no intermediary needed. Unfortunately, Robinhood makes this process impossible because they sell the ability to invest in crypto but not the actual tokens. This means that in order to securely store crypto in a wallet, you will have to sell your position on Robinhood and repurchase it at a physically delivered crypto exchange.

Read moreTransfer Robinhood crypto positions into a wallet efficiently