How does Robinhood charge fees for buying and selling cryptocurrencies?

3 answers

• Jan 02, 2022 · 3 years ago
  When it comes to buying and selling cryptocurrencies on Robinhood, the platform offers commission-free trading. This means that you won't be charged any fees for executing trades. However, it's important to note that Robinhood makes money through other means, such as interest on uninvested cash and selling order flow to market makers. So, while you won't directly pay fees for trading cryptocurrencies, there might be indirect costs associated with using the platform.
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• Jan 02, 2022 · 3 years ago
  Robinhood charges no fees for buying and selling cryptocurrencies. This is one of the main advantages of using the platform, as it allows users to trade without incurring additional costs. However, it's worth mentioning that there might be some costs associated with transferring funds to and from your Robinhood account. It's always a good idea to review the terms and conditions of the platform to fully understand any potential fees or charges.
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• Jan 02, 2022 · 3 years ago
  When it comes to buying and selling cryptocurrencies on Robinhood, there are no fees involved. Robinhood offers commission-free trading, which means you can execute trades without incurring any additional costs. This is a great feature for users who want to invest in cryptocurrencies without worrying about paying fees. However, it's important to note that Robinhood might make money through other means, such as interest on cash balances and selling order flow. So, while you won't pay fees for trading, there might be other indirect costs to consider.
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