Are there any fees associated with Robinhood's OTC trading for cryptocurrencies?

3 answers

• Jan 04, 2022 · 3 years ago
  Yes, there are fees associated with Robinhood's OTC trading for cryptocurrencies. When you place an order, you may be subject to a small fee called a 'spread'. This is the difference between the bid and ask price of the cryptocurrency you are trading. The spread fee is typically very low, but it's important to be aware of it.
  327164
• Jan 04, 2022 · 3 years ago
  Absolutely! Robinhood does charge fees for OTC trading of cryptocurrencies. The fees are usually in the form of a spread, which is the difference between the buying and selling price of a cryptocurrency. However, the fees are generally quite low compared to other exchanges. It's always a good idea to check the fee structure on Robinhood's website for the most up-to-date information.
  385129
• Jan 04, 2022 · 3 years ago
  Yes, there are fees associated with Robinhood's OTC trading for cryptocurrencies. However, it's important to note that these fees are typically lower compared to traditional exchanges. Robinhood aims to provide a user-friendly and cost-effective trading experience for its users. For more detailed information on the fees, you can visit Robinhood's official website or contact their customer support.
  400100