Are there any hidden costs for crypto trading on Robinhood?

3 answers

• Dec 30, 2021 · 3 years ago
  Trading cryptocurrencies on Robinhood is generally fee-free. However, it's important to note that Robinhood may charge a small fee for certain types of orders, such as market orders. It's always a good idea to review Robinhood's fee schedule to understand any potential costs before you start trading.
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• Dec 30, 2021 · 3 years ago
  Nope, trading cryptocurrencies on Robinhood is completely free! You won't have to worry about any hidden costs eating into your profits. It's one of the reasons why Robinhood is so popular among crypto traders.
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• Dec 30, 2021 · 3 years ago
  While Robinhood does offer fee-free crypto trading, it's worth mentioning that they make money through other means, such as payment for order flow. This means that the prices you see on Robinhood may not always be the best prices available in the market. However, for casual traders, the convenience and simplicity of Robinhood's platform often outweigh these potential drawbacks.
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