What are the fees associated with using debit cards on Robinhood for cryptocurrency trading?

3 answers

• Jan 02, 2022 · 3 years ago
  When using debit cards on Robinhood for cryptocurrency trading, there are certain fees that you need to be aware of. The platform charges a fee of 2.9% of the transaction amount for each purchase made using a debit card. Additionally, there may be additional fees charged by your bank for using the card for cryptocurrency transactions. It's important to check with your bank to understand their specific fees and policies regarding cryptocurrency transactions.
  461231
• Jan 02, 2022 · 3 years ago
  If you're using a debit card on Robinhood for cryptocurrency trading, you should be aware of the fees involved. Robinhood charges a 2.9% fee on each transaction made with a debit card. This fee is applied to the total transaction amount. It's important to keep this fee in mind when making trades to ensure you're aware of the total cost.
  338113
• Jan 02, 2022 · 3 years ago
  When it comes to using debit cards on Robinhood for cryptocurrency trading, there are fees involved. Robinhood charges a 2.9% fee on each transaction made with a debit card. This fee is calculated based on the total amount of the transaction. It's important to factor in this fee when considering the cost of trading on Robinhood using a debit card. However, it's worth noting that other platforms may have different fee structures, so it's always a good idea to compare fees across different exchanges before making a decision.
  528132