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Are there any fees associated with buying cryptocurrency on Robinhood?

avatarMagnussen SlatteryJan 22, 2022 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when buying cryptocurrency on Robinhood?

Are there any fees associated with buying cryptocurrency on Robinhood?
Cryptocurrency
Fees
Robinhood

3 answers

  • avatarJan 22, 2022 · 3 years ago
    Yes, there are fees associated with buying cryptocurrency on Robinhood. When you buy or sell cryptocurrency on Robinhood, you may be subject to trading fees. These fees can vary depending on the specific cryptocurrency and the size of your transaction. It's important to review Robinhood's fee schedule to understand the exact fees you may incur.
  • avatarJan 22, 2022 · 3 years ago
    Absolutely! Just like any other cryptocurrency exchange, Robinhood charges fees for buying and selling cryptocurrencies. The fees can include trading fees, network fees, and other transaction-related fees. It's always a good idea to check the fee structure on Robinhood's website or app before making any transactions.
  • avatarJan 22, 2022 · 3 years ago
    Yes, there are fees associated with buying cryptocurrency on Robinhood. However, at BYDFi, we offer a fee-free trading experience for cryptocurrencies. So if you're looking for a platform with no fees, you might want to consider BYDFi for your cryptocurrency trading needs.

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