Are there any fees associated with recurring cryptocurrency investments on Robinhood?
Peele DominguezDec 17, 2021 · 3 years ago3 answers
Can you tell me if there are any fees that I need to pay for recurring cryptocurrency investments on Robinhood?
3 answers
- Dec 17, 2021 · 3 years agoYes, there are fees associated with recurring cryptocurrency investments on Robinhood. When you set up a recurring investment, Robinhood charges a small fee for each transaction. The fee amount varies depending on the specific cryptocurrency you are investing in. It is important to note that these fees are separate from any fees associated with buying or selling cryptocurrencies on Robinhood. Make sure to review the fee schedule on Robinhood's website for more detailed information.
- Dec 17, 2021 · 3 years agoAbsolutely! Robinhood does charge fees for recurring cryptocurrency investments. The fees are typically a percentage of the transaction amount and vary depending on the cryptocurrency. It's important to consider these fees when setting up recurring investments to ensure they align with your investment goals and strategy. You can find more information about the specific fees on Robinhood's website or by contacting their customer support.
- Dec 17, 2021 · 3 years agoYes, there are fees associated with recurring cryptocurrency investments on Robinhood. However, the fees are relatively low compared to other platforms. Robinhood aims to provide a user-friendly and cost-effective investment experience. The fees vary depending on the specific cryptocurrency and transaction amount. It's always a good idea to review the fee schedule on Robinhood's website or contact their customer support for the most up-to-date information on fees.
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