What are the fees and charges associated with trading cryptocurrencies on Robinhood?

3 answers

• Dec 18, 2021 · 3 years ago
  When trading cryptocurrencies on Robinhood, you will encounter several fees and charges. Firstly, there are no commission fees for buying or selling cryptocurrencies on Robinhood. However, Robinhood does charge a small fee for certain transactions, such as converting cryptocurrencies to other cryptocurrencies. Additionally, there may be fees associated with transferring cryptocurrencies to and from your Robinhood account. It's important to review the Robinhood fee schedule for the most up-to-date information on fees and charges.
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• Dec 18, 2021 · 3 years ago
  Trading cryptocurrencies on Robinhood is commission-free, which means you won't be charged any fees for buying or selling cryptocurrencies. However, there are some fees that you should be aware of. For example, if you decide to transfer your cryptocurrencies to another wallet or exchange, there may be network fees associated with the transaction. These fees are not charged by Robinhood, but by the blockchain network itself. It's also worth noting that Robinhood may charge a fee for instant deposits or withdrawals. Make sure to review the Robinhood fee schedule for a complete understanding of the fees and charges.
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• Dec 18, 2021 · 3 years ago
  When it comes to trading cryptocurrencies on Robinhood, you'll be pleased to know that there are no commission fees. That's right, you can buy and sell cryptocurrencies without worrying about paying any fees. However, it's important to note that there may still be some charges involved. For example, if you decide to transfer your cryptocurrencies to another wallet or exchange, you may incur network fees. These fees are not charged by Robinhood, but by the blockchain network itself. So, while trading on Robinhood is commission-free, it's always a good idea to consider any potential charges when making transactions.
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