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Do I have to pay any fees for using Robinhood Gold to trade cryptocurrencies?

avatarEachicDec 26, 2021 · 3 years ago3 answers

I'm interested in using Robinhood Gold to trade cryptocurrencies. Are there any fees associated with using this service?

Do I have to pay any fees for using Robinhood Gold to trade cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees associated with using Robinhood Gold to trade cryptocurrencies. While Robinhood offers commission-free trading for cryptocurrencies, Robinhood Gold is a premium service that comes with a monthly fee. The fees for Robinhood Gold vary depending on the tier you choose, ranging from $5 to $200 per month. It's important to note that these fees are separate from any fees or spreads charged by the cryptocurrency exchanges themselves.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Robinhood Gold is not free when it comes to trading cryptocurrencies. Although Robinhood offers commission-free trading for cryptocurrencies, Robinhood Gold is a premium service that requires a monthly fee. The fees for Robinhood Gold depend on the tier you select, ranging from $5 to $200 per month. Keep in mind that these fees are in addition to any fees charged by the cryptocurrency exchanges you trade on.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees associated with using Robinhood Gold to trade cryptocurrencies. Robinhood Gold is a premium service that provides advanced features and requires a monthly fee. The fees for Robinhood Gold range from $5 to $200 per month, depending on the tier you choose. However, it's worth noting that other cryptocurrency exchanges may also charge fees for trading, so it's important to compare the fees and features of different platforms before making a decision. BYDFi, a popular cryptocurrency exchange, also offers competitive fees and a wide range of cryptocurrencies to trade.