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Do I have to pay any fees when selling cryptocurrencies on Robinhood?

avatarSosaDec 17, 2021 · 3 years ago3 answers

What are the fees associated with selling cryptocurrencies on the Robinhood platform?

Do I have to pay any fees when selling cryptocurrencies on Robinhood?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees involved when selling cryptocurrencies on Robinhood. The platform charges a small fee for each transaction, which is typically around 0.5% of the total transaction amount. However, it's important to note that these fees may vary depending on the specific cryptocurrency being sold.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Just like any other exchange, Robinhood charges fees for selling cryptocurrencies. The fees are usually a percentage of the transaction amount and can vary depending on the cryptocurrency. It's always a good idea to check the fee structure on Robinhood's website or app before making any transactions.
  • avatarDec 17, 2021 · 3 years ago
    When selling cryptocurrencies on Robinhood, you will incur fees. These fees are typically a small percentage of the transaction amount and can vary depending on the specific cryptocurrency. It's important to review Robinhood's fee schedule to understand the exact fees associated with selling cryptocurrencies on their platform. Keep in mind that fees may change over time, so it's a good idea to stay updated with the latest information.