What are the fees and costs associated with trading cryptocurrencies on Robinhood?

3 answers

• Dec 30, 2021 · 3 years ago
  When trading cryptocurrencies on Robinhood, you'll encounter a few different fees and costs. First, there are no commission fees for buying or selling cryptocurrencies on Robinhood. This means you can trade without paying any fees. However, Robinhood makes money through a process called payment for order flow. This means they receive a small payment from market makers for executing trades. Additionally, there may be fees associated with transferring funds into and out of your Robinhood account. It's important to check the Robinhood website for the most up-to-date information on fees and costs.
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• Dec 30, 2021 · 3 years ago
  Trading cryptocurrencies on Robinhood is fee-free! That's right, you won't have to pay any commission fees when buying or selling cryptocurrencies on this platform. Robinhood has revolutionized the industry by offering commission-free trading, making it an attractive option for many traders. However, it's important to note that there may still be fees associated with transferring funds into and out of your Robinhood account. Make sure to check the Robinhood website for the latest information on fees and costs.
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• Dec 30, 2021 · 3 years ago
  When it comes to trading cryptocurrencies on Robinhood, you'll be happy to know that there are no commission fees involved. That's right, you can buy and sell cryptocurrencies without worrying about paying any fees. However, it's important to keep in mind that there may still be fees associated with transferring funds into and out of your Robinhood account. It's always a good idea to check the Robinhood website for the most accurate and up-to-date information on fees and costs. Happy trading!
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