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Are there any fees or charges involved when transferring funds from Robinhood to my bank using digital currencies?

avatarMelle HerlaarDec 22, 2021 · 3 years ago3 answers

What fees or charges are associated with transferring funds from Robinhood to my bank using digital currencies?

Are there any fees or charges involved when transferring funds from Robinhood to my bank using digital currencies?

3 answers

  • avatarDec 22, 2021 · 3 years ago
    When transferring funds from Robinhood to your bank using digital currencies, there may be fees or charges involved. These fees can vary depending on the specific digital currency you are using and the amount of funds you are transferring. It is important to check the fee schedule provided by Robinhood to understand the exact charges that may apply to your transfer. Additionally, your bank may also have its own fees for receiving funds through digital currencies. It is recommended to review your bank's policies or contact their customer support for more information on any potential charges.
  • avatarDec 22, 2021 · 3 years ago
    Transferring funds from Robinhood to your bank using digital currencies may incur fees or charges. The exact amount of these fees can vary depending on factors such as the digital currency being used and the amount of funds being transferred. It is advisable to consult Robinhood's fee schedule or contact their customer support to get a clear understanding of the charges involved. Additionally, it is important to check with your bank to see if they have any fees or restrictions related to receiving funds through digital currencies.
  • avatarDec 22, 2021 · 3 years ago
    When it comes to transferring funds from Robinhood to your bank using digital currencies, it's important to consider the potential fees or charges involved. Robinhood may have its own fee structure for such transfers, which can vary depending on the specific digital currency and the amount being transferred. It is recommended to review Robinhood's fee schedule or reach out to their customer support for detailed information on any applicable charges. Additionally, it's worth checking with your bank to see if they have any fees or restrictions related to receiving funds through digital currencies.