What are the fees involved in selling crypto on Robinhood?

3 answers

• Dec 23, 2021 · 3 years ago
  When selling crypto on Robinhood, there are a few fees to keep in mind. First, there is a trading fee which is charged by Robinhood for executing the sell order. This fee can vary depending on the specific cryptocurrency you are selling. Additionally, there may be network fees associated with the blockchain network used by the cryptocurrency you are selling. These network fees are not charged by Robinhood, but rather by the blockchain network itself. It's important to note that these network fees can fluctuate and are typically higher during times of high network congestion. Lastly, if you are converting your crypto to fiat currency, such as USD, there may be additional fees involved in the conversion process. It's always a good idea to review the fee schedule provided by Robinhood to get a clear understanding of the specific fees associated with selling crypto on their platform.
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• Dec 23, 2021 · 3 years ago
  Selling crypto on Robinhood comes with a few fees. First, there is a trading fee that Robinhood charges for executing the sell order. This fee can vary depending on the cryptocurrency you are selling. Additionally, there may be network fees associated with the blockchain network used by the cryptocurrency. These network fees are not charged by Robinhood, but rather by the blockchain network itself. It's important to consider these fees when selling crypto on Robinhood to ensure you are aware of the total costs involved.
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• Dec 23, 2021 · 3 years ago
  When it comes to selling crypto on Robinhood, there are a couple of fees to keep in mind. Firstly, Robinhood charges a trading fee for executing the sell order. This fee can vary depending on the specific cryptocurrency being sold. Additionally, there may be network fees associated with the blockchain network used by the cryptocurrency. These network fees are not charged by Robinhood, but rather by the blockchain network itself. It's important to factor in these fees when selling crypto on Robinhood to understand the overall cost of the transaction.
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