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Are there any additional costs or fees when buying or selling cryptocurrencies on Robinhood?

avatarEmily BoothDec 28, 2021 · 3 years ago3 answers

Can you tell me if there are any extra charges or fees associated with purchasing or selling cryptocurrencies on the Robinhood platform?

Are there any additional costs or fees when buying or selling cryptocurrencies on Robinhood?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there may be additional costs or fees when buying or selling cryptocurrencies on Robinhood. It is important to note that Robinhood offers commission-free trading for cryptocurrencies, but there may be other charges such as network fees or spread costs. These fees can vary depending on the specific cryptocurrency and market conditions. It is recommended to review the Robinhood fee schedule and terms of service for more detailed information.
  • avatarDec 28, 2021 · 3 years ago
    No, there are no additional costs or fees when buying or selling cryptocurrencies on Robinhood. Robinhood offers commission-free trading for cryptocurrencies, which means you can buy and sell cryptocurrencies without incurring any trading fees. However, it is important to note that there may still be other fees associated with cryptocurrencies, such as network fees or spread costs. It is always a good idea to review the platform's fee schedule and terms of service for a complete understanding of any potential charges.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to buying or selling cryptocurrencies on Robinhood, there are no additional costs or fees. Robinhood is known for its commission-free trading, which means you can trade cryptocurrencies without paying any fees. However, it is worth mentioning that there may still be other charges such as network fees or spread costs. These fees can vary depending on the specific cryptocurrency and market conditions. It is advisable to review the Robinhood fee schedule and terms of service to get a clear understanding of any potential fees.