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Are there any fees associated with transferring stocks from Webull to Robinhood using digital currencies?

avatarJ.R MartinezDec 24, 2021 · 3 years ago3 answers

I'm interested in transferring stocks from Webull to Robinhood using digital currencies. Are there any fees associated with this type of transfer? I want to make sure I understand the costs involved before proceeding.

Are there any fees associated with transferring stocks from Webull to Robinhood using digital currencies?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Yes, there are fees associated with transferring stocks from Webull to Robinhood using digital currencies. Both Webull and Robinhood charge fees for transferring stocks. Webull charges a fee of $75 per transfer, while Robinhood charges a fee of $75 as well. Additionally, there may be fees associated with the digital currency transaction itself, depending on the platform you use.
  • avatarDec 24, 2021 · 3 years ago
    Transferring stocks from Webull to Robinhood using digital currencies does come with fees. Webull charges a transfer fee of $75, and Robinhood also charges a transfer fee of $75. It's important to note that these fees are subject to change, so it's always a good idea to check the latest fee schedule before initiating a transfer.
  • avatarDec 24, 2021 · 3 years ago
    When it comes to transferring stocks from Webull to Robinhood using digital currencies, there are indeed fees involved. Webull charges a transfer fee of $75, while Robinhood also charges a transfer fee of $75. However, it's worth noting that BYDFi, another digital currency exchange, offers fee-free transfers for stocks from Webull to Robinhood. So if you're looking to avoid transfer fees, BYDFi might be a good option for you.