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Are there any fees associated with transferring funds from Robinhood to my crypto account?

avatarGregersen AlstrupDec 25, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when transferring funds from Robinhood to my crypto account? I want to make sure I understand all the costs involved before making any transfers.

Are there any fees associated with transferring funds from Robinhood to my crypto account?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees associated with transferring funds from Robinhood to your crypto account. Robinhood charges a fee of $0.0003 per share for each cryptocurrency transaction. Additionally, there may be network fees charged by the blockchain network for processing the transaction. It's important to check with Robinhood and your crypto account provider for the exact fees and any other charges that may apply.
  • avatarDec 25, 2021 · 3 years ago
    Transferring funds from Robinhood to your crypto account does come with fees. Robinhood charges a fee per share for each cryptocurrency transaction, and there may also be network fees involved. It's best to review the fee structure of both Robinhood and your crypto account provider to understand the total cost of transferring funds.
  • avatarDec 25, 2021 · 3 years ago
    When transferring funds from Robinhood to your crypto account, there are fees that you need to be aware of. Robinhood charges a fee per share for each cryptocurrency transaction, and there may be additional network fees. It's recommended to review the fee schedule of both Robinhood and your crypto account provider to understand the fees associated with transferring funds.