To receive crypto from an exchange, make sure you verify that the exchange supports withdrawals for that crypto on one of the supported networks.

1. Home → Menu → Receive.
2. Scan the QR code or enter the address manually.
3. Send to My Wallet.

Send, receive, and swap crypto

You can send, receive, buy or transfer, or swap crypto with your Robinhood Wallet.

Send crypto

You can send crypto from Robinhood Wallet to any address or exchange that supports Ethereum, Bitcoin, Dogecoin, Arbitrum, Polygon, Optimism or Base transfers. Make sure you transfer crypto over the same network. For example, only send crypto on Polygon to another wallet or exchange that supports Polygon.

1. Home → Menu → Send
2. Scan the code or enter the address manually
3. Choose crypto to send
4. Enter the amount you’d like to send
5. Select Review → Submit
6. Use Face/Touch ID or PIN
7. Select Done

Remember to only send crypto to people and entities you know and trust. 

Receive crypto

You can receive crypto from other self-custody wallets on Ethereum, Bitcoin, Dogecoin, Arbitrum, Polygon, Optimism, or Base. To receive crypto from an exchange, make sure you verify that the exchange supports withdrawals for that crypto on one of the supported networks.

1. Home → Menu → Receive
2. Scan the QR code or enter the address manually
3. Send to My Wallet

Remember to only receive crypto from people and entities you know and trust. 

Buy and transfer crypto

1. Home → Menu → Transfer from Robinhood
2. Choose a crypto to transfer
3. Choose the network if the crypto is available on multiple networks
4. Complete you transfer with Robinhood Crypto
5. Select Return to Robinhood Wallet

If you’re outside the US, you can use Sardine to buy crypto with a debit or credit card (where available).

1. Home → Menu → Buy
2. Choose a crypto to buy or transfer
3. Choose the network if the crypto is available on multiple networks
4. Continue with your transaction on Sardine
5. Once you confirm your order on Sardine, you’ll be taken back to Robinhood Wallet

Swap crypto

You can swap crypto on the Ethereum and Polygon networks via 0x API and LI.FI, which are decentralized exchange (DEX) aggregators. Keep in mind, you can only swap tokens that are supported on either the Ethereum or Polygon networks, and available through 0x API or LI.FI.

1. Search for the token you’d like to swap
2. Select Swap → Sell or Buy
3. Enter the amount you’d like to buy or sell
4. Select the token to swap
5. Select Review → Swipe to swap

Your swap may execute with a rate that is either guaranteed or estimated.

A rate that is guaranteed is locked in for 30 seconds before they automatically refresh. 0x API or LI.FI try to fill your order by routing to a market maker. If a market maker is offering a competitive quote, it’s a guaranteed rate. When rates are guaranteed, there’s no difference, or slippage, between the quoted price and the execution price.

Keep in mind, orders will only execute if they fall above or below the slippage tolerance (a percentage of the total swap value) that you choose.

A rate that is estimated is continually refreshed to give you the best price possible. If no market makers have a quote available, 0x API or LI.FI route your order to a network of automated market makers (AMM) to find the best available rate. Your order will execute if it falls within the slippage tolerance that you select, which means the executed price may differ from the quoted price. The order won’t execute if the rate goes beyond that threshold above or below the quoted price.

Your balances will automatically update after your transaction has been processed on the blockchain.

Fees

Robinhood currently doesn't charge service fees on token swaps. Fees are subject to change. Network fees, or gas fees, are blockchain transaction processing fees. These required fees are submitted to the network along with your transaction. These fees fluctuate based on the volume of transactions, confirmation speed, and transaction size for that network. Network fees may apply for token approvals, transfers to an external wallet, and interacting with dapps. Robinhood Wallet doesn’t collect any part of the network fee.