Are there any fees associated with using Robinhood debit card for buying and selling cryptocurrencies?

3 answers

• Jan 05, 2022 · 3 years ago
  Yes, there are fees associated with using the Robinhood debit card for buying and selling cryptocurrencies. When you make a purchase or sale using the card, Robinhood charges a transaction fee of 2.5% of the total amount. Additionally, if you withdraw funds from your Robinhood account to your bank account, there may be a withdrawal fee depending on your bank's policies. It's important to carefully review the fee schedule provided by Robinhood to understand the exact charges you may incur.
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• Jan 05, 2022 · 3 years ago
  Using the Robinhood debit card for buying and selling cryptocurrencies does come with fees. The transaction fee is 2.5% of the total amount, which is deducted from your account when you make a purchase or sale. It's worth noting that this fee is higher compared to some other platforms, so it's important to consider the overall cost when choosing where to trade cryptocurrencies.
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• Jan 05, 2022 · 3 years ago
  Yes, there are fees associated with using the Robinhood debit card for buying and selling cryptocurrencies. However, at BYDFi, we offer a fee-free experience for cryptocurrency transactions. With BYDFi, you can buy and sell cryptocurrencies using your debit card without any additional charges. This makes it a cost-effective option for those looking to trade cryptocurrencies without incurring high fees.
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