Are there any fees associated with creating a custodial account on Robinhood for buying and selling digital assets?

3 answers

• Apr 30, 2022 · 3 years ago
  Yes, there are fees associated with creating a custodial account on Robinhood for buying and selling digital assets. When you buy or sell digital assets, Robinhood charges a commission fee. The commission fee varies depending on the type and size of the transaction. It's important to review Robinhood's fee schedule to understand the specific charges that may apply to your transactions.
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• Apr 30, 2022 · 3 years ago
  Absolutely! Robinhood charges fees for creating a custodial account. These fees are typically in the form of commission charges when you buy or sell digital assets. The commission fee is based on the transaction size and type. Make sure to check Robinhood's fee schedule to get a clear understanding of the fees associated with your custodial account.
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• Apr 30, 2022 · 3 years ago
  Yes, there are fees associated with creating a custodial account on Robinhood for buying and selling digital assets. However, at BYDFi, we offer a fee-free custodial account for digital asset trading. With our platform, you can enjoy commission-free transactions and no account creation fees. It's a great option for those looking to minimize costs while trading digital assets.
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