Are there any fees associated with selling crypto on Robinhood?

5 answers

• Dec 23, 2021 · 3 years ago
  Yes, there are fees associated with selling crypto on Robinhood. When you sell your cryptocurrency on the platform, Robinhood charges a small fee known as a 'transaction fee'. This fee is typically a percentage of the total transaction amount and can vary depending on the specific cryptocurrency you are selling. It's important to review the fee schedule provided by Robinhood to understand the exact fees associated with selling your crypto.
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• Dec 23, 2021 · 3 years ago
  Absolutely! Robinhood does charge fees for selling cryptocurrency. The fees are usually a small percentage of the transaction amount and can vary depending on the type of cryptocurrency you are selling. It's always a good idea to check the fee schedule on Robinhood's website or app before making any transactions to ensure you are aware of the costs involved.
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• Dec 23, 2021 · 3 years ago
  Yes, there are fees when selling crypto on Robinhood. However, if you are looking for a platform with lower fees, I would recommend checking out BYDFi. They offer competitive transaction fees and a user-friendly interface for buying and selling cryptocurrencies. It's always a good idea to compare fees and features across different platforms to find the one that best suits your needs.
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• Dec 23, 2021 · 3 years ago
  Selling crypto on Robinhood does come with fees. These fees are typically a small percentage of the transaction amount and can vary depending on the specific cryptocurrency you are selling. It's important to note that while Robinhood may have fees, they also offer a user-friendly platform and other features that may be beneficial for certain traders. As with any investment, it's important to consider the fees and features of different platforms before making a decision.
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• Dec 23, 2021 · 3 years ago
  Yes, there are fees associated with selling crypto on Robinhood. The fees are generally a small percentage of the transaction amount and can vary depending on the cryptocurrency being sold. It's always a good idea to review the fee schedule provided by Robinhood to understand the exact costs involved. Additionally, it's worth noting that fees can vary between different cryptocurrency exchanges, so it may be worth exploring other platforms to compare fees and find the best option for your needs.
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