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Are there any fees associated with selling cryptocurrencies on Robinhood?

avatarPradeep Kumar KuntalJan 11, 2022 · 3 years ago3 answers

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

Are there any fees associated with selling cryptocurrencies on Robinhood?

3 answers

  • avatarJan 11, 2022 · 3 years ago
    Yes, there are fees associated with selling cryptocurrencies on Robinhood. When you sell cryptocurrencies, Robinhood charges a small fee known as a trading fee. The trading fee varies depending on the specific cryptocurrency you are selling. It is important to note that the trading fee is separate from any potential fees associated with transferring funds to and from your Robinhood account.
  • avatarJan 11, 2022 · 3 years ago
    Absolutely! When you sell cryptocurrencies on Robinhood, you will incur trading fees. These fees are typically a small percentage of the total transaction amount. The exact fee amount depends on the specific cryptocurrency you are selling. It's always a good idea to check the fee schedule on Robinhood's website or app to get the most up-to-date information on trading fees.
  • avatarJan 11, 2022 · 3 years ago
    Yes, there are fees associated with selling cryptocurrencies on Robinhood. However, it's important to note that the fees may vary depending on the specific cryptocurrency you are selling. To get the most accurate information on the fees, I recommend visiting Robinhood's official website or contacting their customer support. They will be able to provide you with the most up-to-date information on the fees associated with selling cryptocurrencies on their platform.