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Are there any fees or charges associated with using Cash App and Robinhood for cryptocurrency trading?

avatarJhon1990Dec 26, 2021 · 3 years ago3 answers

Can you tell me if there are any fees or charges that I need to be aware of when using Cash App and Robinhood for cryptocurrency trading? I want to make sure I understand the costs involved before I start trading.

Are there any fees or charges associated with using Cash App and Robinhood for cryptocurrency trading?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, both Cash App and Robinhood charge fees for cryptocurrency trading. Cash App charges a fee of 1.75% for each transaction, while Robinhood charges no commission fees. However, Robinhood may charge additional fees for certain types of orders or for using their premium features. It's important to review their fee schedules and terms of service to fully understand the costs involved.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! When using Cash App and Robinhood for cryptocurrency trading, you should be aware of the fees and charges associated with these platforms. Cash App charges a 1.75% fee for each transaction, while Robinhood does not charge any commission fees. However, it's worth noting that Robinhood may charge additional fees for certain types of orders or for using premium features. It's always a good idea to review the fee schedules and terms of service before starting to trade.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees and charges associated with using Cash App and Robinhood for cryptocurrency trading. Cash App charges a fee of 1.75% for each transaction, while Robinhood does not charge any commission fees. However, Robinhood may have additional fees for certain types of orders or for using premium features. It's important to carefully review the fee schedules and terms of service of both platforms to understand the costs involved.