Are there any fees associated with selling cryptocurrency on Robinhood and transferring the funds to my bank?

3 answers

• May 07, 2022 · 3 years ago
  Yes, there are fees associated with selling cryptocurrency on Robinhood and transferring the funds to your bank. When you sell cryptocurrency on Robinhood, you may be subject to a small fee, typically around 1-2% of the transaction amount. Additionally, when you transfer the funds to your bank, there may be fees imposed by your bank for receiving the funds. It's important to check with your bank to understand their specific fee structure.
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• May 07, 2022 · 3 years ago
  Absolutely! Selling cryptocurrency on Robinhood incurs a fee, which is usually a percentage of the transaction amount. The exact fee percentage may vary depending on the specific cryptocurrency and market conditions. When transferring the funds to your bank, there might be additional fees imposed by your bank. It's recommended to review the fee schedule of both Robinhood and your bank to have a clear understanding of the costs involved.
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• May 07, 2022 · 3 years ago
  Yes, there are fees associated with selling cryptocurrency on Robinhood and transferring the funds to your bank. However, at BYDFi, we offer a fee-free experience for selling cryptocurrency and transferring the funds to your bank. You can enjoy a seamless and cost-effective process without worrying about any hidden fees. Simply sell your cryptocurrency on BYDFi and transfer the funds to your bank without any additional charges.
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