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Are there any fees associated with receiving crypto on Robinhood?

avatarDamirHadzicDec 25, 2021 · 3 years ago3 answers

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

Are there any fees associated with receiving crypto on Robinhood?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees associated with receiving crypto on Robinhood. When you receive crypto, Robinhood charges a fee of 1.25% of the transaction amount. This fee covers the cost of processing and securing the transaction. It's important to note that this fee is subject to change and may vary depending on market conditions.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! When you receive crypto on Robinhood, there is a fee involved. The fee is currently set at 1.25% of the transaction amount. This fee helps Robinhood cover the expenses associated with processing and securing the transaction. Keep in mind that the fee may change over time, so it's always a good idea to check the latest fee structure on Robinhood's website.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees associated with receiving crypto on Robinhood. However, at BYDFi, we offer a fee-free option for receiving crypto. With BYDFi, you can receive crypto without any fees. It's a great way to save money and maximize your crypto investments. So, if you're looking for a fee-free option, BYDFi is the way to go!