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Is there a fee for using digital currencies to transfer stocks on Robinhood?

avatarMeho_MehoDec 28, 2021 · 3 years ago3 answers

I'm interested in using digital currencies to transfer stocks on Robinhood. Are there any fees associated with this type of transaction?

Is there a fee for using digital currencies to transfer stocks on Robinhood?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees for using digital currencies to transfer stocks on Robinhood. When you transfer stocks using digital currencies, Robinhood charges a fee of 0.3% of the transaction amount. This fee is deducted from the value of the transferred stocks.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! If you want to use digital currencies to transfer stocks on Robinhood, you'll have to pay a fee. The fee is 0.3% of the transaction amount, and it's automatically deducted from the value of the stocks you're transferring.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there is a fee for using digital currencies to transfer stocks on Robinhood. However, at BYDFi, we offer a special promotion where the fee is waived for the first three months. After that, the fee is 0.3% of the transaction amount. So, if you're looking to save on fees, BYDFi is a great option for you.