What are the fees associated with using Ach in Robinhood for buying and selling digital assets?

3 answers

• Dec 25, 2021 · 3 years ago
  Sure! When using Ach in Robinhood for buying and selling digital assets, there are a few fees to be aware of. First, Robinhood charges a $0 commission fee for trading digital assets. However, there may be fees associated with using Ach as your payment method. These fees can vary depending on your bank and the type of Ach transfer you use. It's best to check with your bank to understand their specific fees for Ach transfers. Additionally, keep in mind that there may be fees associated with buying and selling specific digital assets on Robinhood, such as network fees or transaction fees imposed by the blockchain network. It's important to review the details of each digital asset before making a trade to understand any potential fees involved.
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• Dec 25, 2021 · 3 years ago
  The fees associated with using Ach in Robinhood for buying and selling digital assets can vary. While Robinhood itself does not charge a commission fee for trading digital assets, there may be fees imposed by your bank for using Ach as your payment method. These fees can include transaction fees, wire transfer fees, or other charges specific to Ach transfers. It's recommended to contact your bank directly to inquire about their fees for Ach transfers. Additionally, when buying and selling specific digital assets on Robinhood, there may be network fees or transaction fees imposed by the blockchain network. It's important to consider these potential fees when making trades on Robinhood.
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• Dec 25, 2021 · 3 years ago
  When it comes to using Ach in Robinhood for buying and selling digital assets, the fees involved can vary depending on different factors. Robinhood itself does not charge a commission fee for trading digital assets, but your bank may have fees associated with using Ach as your payment method. These fees can include transaction fees, wire transfer fees, or other charges specific to Ach transfers. It's advisable to reach out to your bank to get a clear understanding of their fees for Ach transfers. Additionally, keep in mind that there may be network fees or transaction fees imposed by the blockchain network when buying and selling specific digital assets on Robinhood. It's always a good idea to review the details of each digital asset and consider any potential fees before making a trade.
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