How much does Robinhood charge for cryptocurrency transactions?

3 answers

• Jan 02, 2022 · 3 years ago
  Robinhood charges zero fees for cryptocurrency transactions. That's right, you heard it, zero fees! This makes it an attractive option for those looking to invest in cryptocurrencies without incurring additional costs. However, keep in mind that there may be other costs associated with trading on the Robinhood platform, such as spread and market impact. It's always a good idea to do your research and understand all the potential costs before making any investment decisions.
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• Jan 02, 2022 · 3 years ago
  When it comes to cryptocurrency transactions, Robinhood doesn't charge any fees. This is one of the main advantages of using Robinhood for buying and selling cryptocurrencies. Unlike many other exchanges that charge fees for each transaction, Robinhood allows you to trade cryptocurrencies without incurring any additional costs. This can be particularly beneficial for frequent traders who make multiple transactions on a regular basis.
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• Jan 02, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that Robinhood does not charge any fees for cryptocurrency transactions. This is a major selling point for the platform and has attracted a large number of users. However, it's important to note that while Robinhood doesn't charge fees, they may make money through other means, such as interest on uninvested cash and selling order flow. So, while you may not directly pay fees for cryptocurrency transactions, there may still be indirect costs associated with using the platform.
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