What are the fees associated with using a Robinhood cash account for buying and selling cryptocurrencies?

3 answers

• Dec 27, 2021 · 3 years ago
  When using a Robinhood cash account for buying and selling cryptocurrencies, there are no commission fees. Robinhood offers commission-free trading, which means you can buy and sell cryptocurrencies without incurring any fees. However, it's important to note that there may be other fees associated with using the Robinhood platform, such as regulatory transaction fees or fees charged by the exchanges themselves. It's always a good idea to review the Robinhood fee schedule and terms of service to understand any potential costs.
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• Dec 27, 2021 · 3 years ago
  With a Robinhood cash account, you can buy and sell cryptocurrencies without paying any commission fees. This is a great advantage for traders who want to minimize their costs. However, it's important to keep in mind that there may still be fees charged by the exchanges themselves or other regulatory fees. Make sure to do your research and understand all the potential costs before using a Robinhood cash account for cryptocurrency trading.
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• Dec 27, 2021 · 3 years ago
  Using a Robinhood cash account for buying and selling cryptocurrencies comes with the benefit of zero commission fees. This means that you can trade cryptocurrencies without incurring any additional charges. However, it's worth mentioning that there might still be other fees involved, such as regulatory fees or fees charged by the exchanges. It's always a good idea to review the terms and conditions of Robinhood and the specific exchanges you plan to trade on to get a clear understanding of any potential fees.
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