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Does Robinhood charge any fees for buying and selling crypto?

avatarSandeep GaggraDec 23, 2021 · 3 years ago3 answers

Can you tell me if Robinhood charges any fees for buying and selling cryptocurrencies? I'm interested in using their platform to trade digital assets, but I want to make sure I understand all the costs involved.

Does Robinhood charge any fees for buying and selling crypto?

3 answers

  • avatarDec 23, 2021 · 3 years ago
    Yes, Robinhood does charge fees for buying and selling crypto. They charge a commission fee for each transaction, which can vary depending on the type and size of the trade. It's important to review their fee schedule before trading to understand the specific costs involved.
  • avatarDec 23, 2021 · 3 years ago
    Absolutely! Robinhood charges fees for buying and selling cryptocurrencies. The fees are typically included in the quoted price, so you may not see a separate fee listed. However, it's always a good idea to review the terms and conditions to fully understand the fees associated with trading on Robinhood.
  • avatarDec 23, 2021 · 3 years ago
    Yes, Robinhood charges fees for buying and selling cryptocurrencies. However, at BYDFi, we offer fee-free trading for cryptocurrencies. If you're looking for a platform with no fees, you might want to consider BYDFi as an alternative to Robinhood.