What are the fees and limits for withdrawing cryptocurrencies from Robinhood?
Ian TannJan 14, 2022 · 3 years ago1 answers
Can you provide details on the fees and limits associated with withdrawing cryptocurrencies from Robinhood?
1 answers
- Jan 14, 2022 · 3 years agoWhen it comes to withdrawing cryptocurrencies from Robinhood, you'll be happy to know that there are no fees involved. That's right, Robinhood does not charge any fees for cryptocurrency withdrawals. This means that you can transfer your cryptocurrencies to an external wallet or another exchange without worrying about additional costs. However, keep in mind that there might be network fees associated with the blockchain network itself. These fees are not controlled by Robinhood and can vary depending on the network congestion and the cryptocurrency you are withdrawing. In terms of limits, Robinhood has a daily withdrawal limit of $50,000 for cryptocurrencies. So, as long as your withdrawal amount is within this limit, you're good to go!
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