Are there any fees or charges associated with using a Robinhood bank account for buying and selling cryptocurrencies?

3 answers

• Mar 23, 2022 · 3 years ago
  Yes, there are fees and charges associated with using a Robinhood bank account for buying and selling cryptocurrencies. Robinhood charges a commission fee for each trade executed. However, they do not charge any fees for account maintenance or inactivity. It's important to note that other charges may apply, such as network fees for cryptocurrency transactions.
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• Mar 23, 2022 · 3 years ago
  Absolutely! When using a Robinhood bank account for trading cryptocurrencies, you should be aware of the commission fees that Robinhood charges for each trade. These fees can vary depending on the size and type of the trade. Additionally, there may be network fees associated with cryptocurrency transactions. It's always a good idea to review the fee schedule provided by Robinhood to understand the costs involved.
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• Mar 23, 2022 · 3 years ago
  Yes, there are fees and charges associated with using a Robinhood bank account for buying and selling cryptocurrencies. Robinhood charges a commission fee for each trade executed. However, it's important to note that there are no fees for account maintenance or inactivity. For more detailed information on the fees and charges, you can visit the Robinhood website or contact their customer support.
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