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What are the fees associated with being a Robinhood Gold member and trading cryptocurrencies?

avatarange cedricDec 28, 2021 · 3 years ago3 answers

Can you please provide a detailed explanation of the fees associated with being a Robinhood Gold member and trading cryptocurrencies? I would like to know the costs involved before deciding to become a Robinhood Gold member and start trading cryptocurrencies.

What are the fees associated with being a Robinhood Gold member and trading cryptocurrencies?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    As a Robinhood Gold member, you will be charged a monthly fee ranging from $5 to $200, depending on the tier you choose. This fee grants you access to additional features and benefits, such as extended trading hours and larger instant deposits. In addition to the Robinhood Gold fee, there are also trading fees associated with buying and selling cryptocurrencies on the Robinhood platform. These fees vary depending on the specific cryptocurrency you are trading, but they are generally low compared to other exchanges. It's important to note that Robinhood does not charge any commission fees for cryptocurrency trades.
  • avatarDec 28, 2021 · 3 years ago
    Being a Robinhood Gold member comes with its perks, but it also comes with a monthly fee. The fee ranges from $5 to $200, depending on the tier you choose. This fee gives you access to features like extended trading hours and larger instant deposits. When it comes to trading cryptocurrencies on Robinhood, there are also fees involved. These fees vary depending on the specific cryptocurrency you are trading, but they are generally low compared to other exchanges. It's worth considering the benefits and costs before deciding to become a Robinhood Gold member and start trading cryptocurrencies.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to being a Robinhood Gold member, there are monthly fees involved. The fee ranges from $5 to $200, depending on the tier you choose. This fee gives you access to additional features and benefits, including extended trading hours and larger instant deposits. As for trading cryptocurrencies on Robinhood, there are also fees associated with it. These fees vary depending on the specific cryptocurrency you are trading, but they are generally low compared to other exchanges. It's important to consider these fees and weigh them against the benefits before making a decision.