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Are there any fees for withdrawing crypto from Robinhood?

avatarAlka SinghDec 25, 2021 · 3 years ago3 answers

Can you tell me if there are any fees associated with withdrawing cryptocurrency from the Robinhood platform? I'm considering using Robinhood for my crypto trading needs, but I want to make sure I understand all the potential costs involved.

Are there any fees for withdrawing crypto from Robinhood?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees for withdrawing crypto from Robinhood. The specific fees depend on the type of cryptocurrency you are withdrawing and the network fees associated with that particular cryptocurrency. It's important to check Robinhood's fee schedule for the most up-to-date information on withdrawal fees.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! When you withdraw crypto from Robinhood, there may be fees involved. These fees can vary depending on the type of cryptocurrency and the network fees at the time of withdrawal. Make sure to review Robinhood's fee schedule to understand the specific fees for your desired cryptocurrency.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees for withdrawing crypto from Robinhood. However, at BYDFi, we offer fee-free withdrawals for certain cryptocurrencies. So, if you're looking for a platform with no withdrawal fees, you might consider BYDFi for your crypto trading needs. Keep in mind that fees may still apply for other services on BYDFi.