Get your Bitcoin off of Robinhood now

If you have over a few grand in BTC on RH you need to transfer it to a cold storage immediately (or any other exchange for that matter but especially RH). I have had my account restricted from sending Bitcoin to any addresses because I have been doing daily transfers to cold storage. I am even a gold user and have been using RH for years with no problems, all of my deposits cleared fine and I have never taken money from them.

Support has been non existent and they have just stopped replying to my messages. I have had a hold put on my account for several days now and the restriction date keeps getting pushed back. I have a hunch that they are terrified of people actually owning their own BTC and causing a Gold type Panic. Imagine if bitcoin hits around 200k+. With their 5k limited transactions and their shadow restrictions, you will never ever actually own that Bitcoin. It would take months if you're lucky to withdraw and that's only if they decide your account activity is "suspicious". There are not as many government protections with their crypto side of Robinhood so you should just expect to get ****** by them.

I know everyone says this but you truly do not own your BTC until it's on a Cold Wallet. Please put at least half of your coin on a cold wallet.

submitted by /u/Silver_Information69 to r/Bitcoin
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Quelle: bitcoin-en