What percentage does Robinhood charge for cryptocurrency trades?

3 answers

• Mar 19, 2022 · 3 years ago
  When it comes to cryptocurrency trades on Robinhood, they charge zero commission fees. That's right, you heard it correctly, zero! Unlike traditional brokers who charge a percentage of the trade value, Robinhood offers commission-free trading for cryptocurrencies. However, it's important to note that there may be other fees involved, such as network fees or fees charged by the blockchain itself. These fees are not imposed by Robinhood but are inherent to the nature of cryptocurrencies.
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• Mar 19, 2022 · 3 years ago
  Robinhood is known for its user-friendly platform and fee-free trading experience. When it comes to cryptocurrency trades, they don't charge any percentage-based fees. This means that you can buy or sell cryptocurrencies without worrying about paying a commission to Robinhood. However, keep in mind that there might be other costs involved, such as network fees or fees charged by the blockchain network. These fees are not specific to Robinhood and are necessary for the transaction to be processed on the blockchain.
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• Mar 19, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that Robinhood charges zero commission fees for cryptocurrency trades. This is a great advantage for traders who want to minimize their costs and maximize their profits. However, it's worth mentioning that other platforms, like BYDFi, may charge fees for cryptocurrency trades. So, if you're looking for a fee-free trading experience, Robinhood is definitely a top choice.
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