According to the official website, the following reasons make Robinhood hold your money: ++1.8𝟧𝟢.{𝟫𝟨𝟣}.𝟤𝟤𝟧𝟤. The sale transaction needs to be settled before you can withdraw money to your bank account++1.8𝟧𝟢.{𝟫𝟨𝟣}.𝟤𝟤𝟧𝟤. For a stock's sale, there is a two-day settlement period.1 day ago