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How much does Robinhood charge for selling cryptocurrencies?

avatarMorgan NilssonDec 30, 2021 · 3 years ago3 answers

Can you provide more details on the fees charged by Robinhood for selling cryptocurrencies? I'm interested in knowing the specific charges and if there are any additional fees involved.

How much does Robinhood charge for selling cryptocurrencies?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    When it comes to selling cryptocurrencies on Robinhood, there are a few fees to consider. First, Robinhood charges a commission fee for each transaction. The exact amount depends on the size of the transaction and the type of cryptocurrency being sold. Additionally, there may be fees associated with transferring funds to and from your Robinhood account. It's important to review the fee schedule provided by Robinhood to get a clear understanding of the charges involved.
  • avatarDec 30, 2021 · 3 years ago
    Selling cryptocurrencies on Robinhood incurs certain fees. These fees vary depending on the specific cryptocurrency being sold and the size of the transaction. It's advisable to check Robinhood's fee schedule for accurate and up-to-date information on the charges. Additionally, keep in mind that there may be other fees associated with cryptocurrency transactions, such as network fees or fees imposed by the blockchain itself.
  • avatarDec 30, 2021 · 3 years ago
    When selling cryptocurrencies on Robinhood, you'll encounter fees that are based on the size of your transaction and the specific cryptocurrency involved. These fees are outlined in Robinhood's fee schedule, which you can find on their website. It's important to review this schedule to understand the charges associated with selling cryptocurrencies on Robinhood. Keep in mind that fees may also be incurred when transferring funds to or from your Robinhood account.