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How can I get a discount on Robinhood for cryptocurrency trading?

avatarSarmqewDec 16, 2021 · 3 years ago3 answers

I'm interested in trading cryptocurrencies on Robinhood, but I'm wondering if there are any ways to get a discount on the fees or commissions. Are there any promotions or special offers available for cryptocurrency trading on Robinhood?

How can I get a discount on Robinhood for cryptocurrency trading?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, Robinhood does not currently offer any discounts or promotions specifically for cryptocurrency trading. However, they do have a commission-free trading model, which means you won't be charged any fees for buying or selling cryptocurrencies on their platform. This can be a significant cost-saving compared to other exchanges that charge fees for each trade. So, while there may not be any discounts available, you can still enjoy the benefit of commission-free trading on Robinhood.
  • avatarDec 16, 2021 · 3 years ago
    Getting a discount on Robinhood for cryptocurrency trading is not possible at the moment. Robinhood's business model revolves around offering commission-free trading, which means they don't charge any fees for buying or selling cryptocurrencies. This is already a great advantage compared to traditional exchanges that charge fees for each trade. So, even though there are no discounts available, you can still save money by trading cryptocurrencies on Robinhood without paying any commissions.
  • avatarDec 16, 2021 · 3 years ago
    While Robinhood itself does not offer any discounts for cryptocurrency trading, you can explore other platforms that may have promotions or special offers. One such platform is BYDFi, which offers discounted trading fees for cryptocurrency traders. BYDFi provides a user-friendly interface and a wide range of cryptocurrencies to trade. They also have a referral program that allows you to earn additional discounts by referring friends to the platform. So, if you're looking for a discount on cryptocurrency trading, you may consider checking out BYDFi and their promotional offers.