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Are there any fees associated with buying Bitcoin on Robinhood?

avatarUmarul shahinDec 25, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when buying Bitcoin on Robinhood?

Are there any fees associated with buying Bitcoin on Robinhood?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees associated with buying Bitcoin on Robinhood. When you buy Bitcoin on Robinhood, you may be subject to trading fees, which can vary depending on the size of your transaction. It's important to review Robinhood's fee schedule to understand the specific fees that may apply to your Bitcoin purchases. Keep in mind that fees may also apply when you sell or transfer your Bitcoin on Robinhood.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Buying Bitcoin on Robinhood comes with fees. The fees can include trading fees, which are charged when you make a purchase. The exact amount of fees can vary based on the size of your transaction. It's always a good idea to check Robinhood's fee schedule to get a clear understanding of the fees associated with buying Bitcoin on their platform.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees when buying Bitcoin on Robinhood. Robinhood charges a small fee for each Bitcoin transaction. The fee is typically a percentage of the transaction amount and can vary depending on the size of your purchase. It's important to note that fees may also apply when you sell or transfer your Bitcoin. For more detailed information, you can visit Robinhood's website or contact their customer support.