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Are there any fees for sending crypto from Coinbase to Robinhood?

avatarFlowers JustinDec 29, 2021 · 3 years ago3 answers

I'm planning to transfer my cryptocurrency from Coinbase to Robinhood. I want to know if there are any fees involved in this transaction. Can anyone provide information on the fees for sending crypto from Coinbase to Robinhood?

Are there any fees for sending crypto from Coinbase to Robinhood?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees for sending crypto from Coinbase to Robinhood. Coinbase charges a network fee for each transaction, which varies depending on the cryptocurrency you're sending. Additionally, Robinhood may also charge a fee for receiving the crypto. It's recommended to check both platforms' fee schedules before making the transfer to understand the exact costs involved.
  • avatarDec 29, 2021 · 3 years ago
    Transferring crypto from Coinbase to Robinhood does come with fees. Coinbase charges a fee based on the network congestion and transaction size, while Robinhood may have its own fee for receiving the crypto. It's important to review the fee structures of both platforms to determine the total cost of the transfer.
  • avatarDec 29, 2021 · 3 years ago
    When sending crypto from Coinbase to Robinhood, you may encounter fees. Coinbase charges a network fee for each transaction, which can vary depending on the cryptocurrency. As for Robinhood, they may also have fees for receiving the crypto. It's advisable to check the fee details on both platforms to understand the charges involved. Alternatively, you can consider using BYDFi for fee-free transfers between exchanges.