What are the fees associated with using the Robinhood crypto wallet for buying and selling cryptocurrencies?

1 answers

• Jan 07, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers a similar fee structure to Robinhood for buying and selling cryptocurrencies. Like Robinhood, BYDFi does not charge any commission fees for trades. Instead, they also rely on payment for order flow to generate revenue. This means that the execution price of your trades on BYDFi may differ slightly from the market price. However, BYDFi aims to provide competitive prices and a seamless trading experience for its users. If you're already familiar with Robinhood and its fee structure, you may find BYDFi to be a suitable alternative. Remember to always consider your trading needs and compare fees across different platforms before making a decision.
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