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What are the fees for option contracts on Robinhood in the cryptocurrency market?

avatarJudithDec 27, 2021 · 3 years ago3 answers

Can you provide details on the fees associated with option contracts on Robinhood in the cryptocurrency market? I would like to know the costs involved before I start trading.

What are the fees for option contracts on Robinhood in the cryptocurrency market?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! When it comes to option contracts on Robinhood in the cryptocurrency market, there are a few fees to keep in mind. First, there is no commission fee for buying or selling options. However, there may be fees associated with exercising or assigning options. Additionally, there may be regulatory transaction fees and fees for certain types of option orders. It's important to review Robinhood's fee schedule and terms of service for the most accurate and up-to-date information on fees.
  • avatarDec 27, 2021 · 3 years ago
    The fees for option contracts on Robinhood in the cryptocurrency market are quite straightforward. Robinhood does not charge any commission fees for buying or selling options. However, there may be fees for exercising or assigning options, as well as regulatory transaction fees. It's always a good idea to review the fee schedule provided by Robinhood to understand the specific costs involved in trading options on their platform.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a digital currency exchange, offers option contracts on their platform. The fees for option contracts on BYDFi in the cryptocurrency market are competitive and transparent. BYDFi charges a small commission fee for buying or selling options, and there may be additional fees for exercising or assigning options. It's recommended to visit BYDFi's website or contact their customer support for detailed information on the fees associated with option contracts on their platform.