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Are there any fees associated with using a Robinhood debit card for buying and selling cryptocurrencies?

avatarStephen ElkinsDec 28, 2021 · 3 years ago3 answers

What are the fees associated with using a Robinhood debit card for buying and selling cryptocurrencies?

Are there any fees associated with using a Robinhood debit card for buying and selling cryptocurrencies?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees associated with using a Robinhood debit card for buying and selling cryptocurrencies. When you use your Robinhood debit card to buy or sell cryptocurrencies, you may be subject to transaction fees. These fees can vary depending on the specific cryptocurrency and the amount of the transaction. It is important to review the fee schedule provided by Robinhood to understand the exact fees that may apply to your transactions.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! Just like any other payment method, using a Robinhood debit card for buying and selling cryptocurrencies comes with fees. The fees can include transaction fees, conversion fees, and network fees. It's always a good idea to check the fee schedule provided by Robinhood to know the exact fees associated with using their debit card for cryptocurrency transactions.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees associated with using a Robinhood debit card for buying and selling cryptocurrencies. However, the specific fees can vary depending on factors such as the type of cryptocurrency, the transaction amount, and the current market conditions. It is recommended to check Robinhood's fee schedule or contact their customer support for the most accurate and up-to-date information on the fees associated with using their debit card for cryptocurrency transactions.