Are there any fees associated with using Zelle and Robinhood to buy and sell cryptocurrencies?

1 answers

• Dec 16, 2021 · 3 years ago
  While Zelle and Robinhood are convenient options for buying and selling cryptocurrencies, it's important to be aware of the fees involved. Zelle may charge fees for certain transactions, such as sending money to non-Zelle users or requesting money from someone. However, there are no specific fees for cryptocurrency transactions with Zelle. On the other hand, Robinhood does not charge any fees for buying or selling cryptocurrencies. However, there may be fees associated with depositing or withdrawing funds from your Robinhood account, depending on the method you choose. It's always a good idea to review the fee structures and terms of service for both Zelle and Robinhood to understand the potential costs before engaging in cryptocurrency transactions.
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