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Are there any fees associated with withdrawing invested funds from Robinhood in cryptocurrency?

avatarja97Dec 30, 2021 · 3 years ago3 answers

I want to withdraw my invested funds from Robinhood in cryptocurrency. Are there any fees associated with this process?

Are there any fees associated with withdrawing invested funds from Robinhood in cryptocurrency?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing invested funds from Robinhood in cryptocurrency. The fees vary depending on the type of cryptocurrency you are withdrawing. For example, the fee for withdrawing Bitcoin is 0.0005 BTC. It's important to check the fee schedule on Robinhood's website for the most up-to-date information.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! When you withdraw your invested funds from Robinhood in cryptocurrency, there will be fees involved. The fees are usually a small percentage of the total amount you are withdrawing. Make sure to review the fee structure on Robinhood's platform to understand the exact fees for your specific cryptocurrency.
  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing invested funds from Robinhood in cryptocurrency. However, at BYDFi, we offer fee-free withdrawals for all supported cryptocurrencies. So, if you're looking for a platform with no withdrawal fees, consider using BYDFi for your cryptocurrency investments.