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The Robinhood Wallet app is a self-custody wallet that’s your portal to web3, where you can swap crypto with no network fees .

The Robinhood Wallet app is a self-custody wallet that’s your portal to web3, where you can swap crypto with no network fees on Polygon. Robinhood Wallet gives you full control over your crypto on the Polygon and Ethereum networks, which means you hold and maintain the private key to your assets. Stay tuned, because we’ll be adding more networks to Robinhood Wallet in the future, too.

KEEP IN MIND

Currently, you can only use one wallet address in the app at a time. Multiple addresses are not yet supported.

Create a new wallet

Select Create a new wallet
Select Use Face ID/Touch ID or Create a custom PIN
Select Back it up to iCloud, Back it up manually, or Skip to back it up later
Select Turn on notifications or Maybe later to turn on later
Select Get reward or Deposit crypto, or Skip to claim your reward later (terms apply)
Fund your wallet through Robinhood Crypto or from another wallet or exchange
Select Open wallet

We strongly recommend backing up your wallet because it's the only way you can recover your wallet and crypto if you lose or reset your device. If you don’t back up your wallet when you create it, you can do it later in Backups & security. For step-by-step instructions, see back up your wallet.

Import your existing wallet

If you already have an Ethereum or Polygon wallet, you can import it to Robinhood Wallet by using your existing wallet’s secret recovery phrase.

Select Import your existing wallet
You can either copy and paste, or manually enter your secret recovery phrase
Select Import
Select Use Face/Touch ID or Create a custom PIN
Select Back it up to iCloud, Back it up manually, or Skip to back it up later
Select Turn on notifications or Maybe later to turn on later
Select Get reward or Deposit crypto, or Skip to claim your reward later (terms apply)
Fund your wallet through Robinhood Wallet or from another wallet or exchange
Select Open wallet

See step-by-step instructions in Fund your wallet with Robinhood Crypto.

NOTE

Currently, you can’t choose additional addresses to import, but we’re working on supporting multiple addresses in the future.

Recover your wallet

If you backed up a wallet to your iCloud in the past, you can recover it.

Select Recover your wallet from iCloud
Enter the password to unlock your backup
Select Recover wallet
Select Use Face/Touch ID or Create a custom PIN
Select Continue

Fund your wallet with Robinhood Crypto

You can transfer tokens from a Robinhood Crypto account to fund Robinhood Wallet. You'll have the option to transfer supported tokens over the Ethereum and Polygon networks. You can see what tokens are supported in Robinhood Wallet when you fund your wallet.

Home → Menu → Transfer from Robinhood
Choose a token to transfer
Choose a network
Enter the amount to transfer
Select Review → Submit
Enter your one-time code from your authenticator app
Select Return to Robinhood Wallet

You can also fund your wallet from another wallet or exchange.

Fees and disclosures

Robinhood currently does not 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. The fee fluctuates 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.

Disclosures

Self-custody cryptocurrency wallet and related services are offered through Robinhood Non-Custodial, Ltd., a limited company organized in the Cayman Islands, and other third-party providers. Cryptocurrency held through the Robinhood Self-Custody Wallet is not FDIC insured or SIPC protected. Availability may be subject to regulatory approval in certain jurisdictions.

Crypto rewards terms & conditions.

Reference No. 2764536Still have questions? Contact Robinhood Support Brokerage Customer Relationship Summary FINRA’s BrokerCheckFollow us on

DEMOCRATIZE FINANCE FOR ALL™

Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker dealer (member SIPC) and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC). Cryptocurrency services are offered through Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. The spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. A list of our licenses has more information. The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard®. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. RHF, RHY, RHC and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC and RHS are not banks. Products offered by RHF are not FDIC insured and involve risk, including possible loss of principal. RHC is not a member of FINRA and accounts are not FDIC insured or protected by SIPC. RHY is not a member of FINRA, and products are not subject to SIPC protection, but funds held in the Robinhood Money spending account and Robinhood Money Cash Card account may be eligible for FDIC pass-through insurance (see the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

Commission-free trading of stocks, ETFs and options refers to $0 commissions for Robinhood Financial self-directed individual cash or margin brokerage accounts that trade U.S. listed securities and certain OTC securities electronically. Keep in mind, other fees such as trading (non-commission) fees, Gold subscription fees, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Robinhood Financial’s Fee Schedule to learn more.

Last updated 1 year ago