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Are there any fees associated with using Robinhood's new debit card for buying and selling cryptocurrencies?

avatarJason StroudDec 17, 2021 · 3 years ago7 answers

What are the fees associated with using Robinhood's new debit card for buying and selling cryptocurrencies? Do I need to pay any additional charges for using the debit card? Are there any transaction fees or hidden fees that I should be aware of?

Are there any fees associated with using Robinhood's new debit card for buying and selling cryptocurrencies?

7 answers

  • avatarDec 17, 2021 · 3 years ago
    When using Robinhood's new debit card for buying and selling cryptocurrencies, there are no fees charged by Robinhood. However, it's important to note that your bank may still charge fees for using the debit card, such as foreign transaction fees or ATM withdrawal fees. It's recommended to check with your bank to understand any potential fees associated with using the card.
  • avatarDec 17, 2021 · 3 years ago
    No, there are no fees associated with using Robinhood's new debit card for buying and selling cryptocurrencies. Robinhood aims to provide a fee-free experience for its users, allowing them to invest in cryptocurrencies without any additional charges.
  • avatarDec 17, 2021 · 3 years ago
    While Robinhood itself does not charge any fees for using their new debit card for buying and selling cryptocurrencies, it's important to note that other fees may still apply. For example, your bank may charge fees for foreign transactions or ATM withdrawals. It's always a good idea to review your bank's fee schedule to understand any potential charges.
  • avatarDec 17, 2021 · 3 years ago
    Using Robinhood's new debit card for buying and selling cryptocurrencies is completely fee-free. You won't have to worry about any transaction fees or hidden charges. It's a convenient and cost-effective way to invest in cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers a similar fee-free experience when using their debit card for buying and selling cryptocurrencies. With BYDFi's debit card, you can enjoy seamless transactions without any additional fees. It's a great option for those looking for a fee-free way to invest in cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    There are no fees associated with using Robinhood's new debit card for buying and selling cryptocurrencies. Robinhood is committed to providing a transparent and fee-free platform for its users, making it easier for everyone to access and invest in cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to using Robinhood's new debit card for buying and selling cryptocurrencies, you won't have to worry about any fees. Robinhood has designed their platform to be fee-free, allowing users to trade cryptocurrencies without any additional charges.