Are there any fees associated with using Zelle and Robinhood to buy and sell cryptocurrencies?
PorodinranyMay 17, 2022 · 3 years ago1 answers
Can you explain if there are any fees involved when using Zelle and Robinhood for buying and selling cryptocurrencies? I'm interested in knowing if there are any transaction fees, deposit fees, or withdrawal fees associated with these platforms.
1 answers
- May 17, 2022 · 3 years agoWhile Zelle and Robinhood are convenient options for buying and selling cryptocurrencies, it's important to be aware of the fees involved. Zelle may charge fees for certain transactions, such as sending money to non-Zelle users or requesting money from someone. However, there are no specific fees for cryptocurrency transactions with Zelle. On the other hand, Robinhood does not charge any fees for buying or selling cryptocurrencies. However, there may be fees associated with depositing or withdrawing funds from your Robinhood account, depending on the method you choose. It's always a good idea to review the fee structures and terms of service for both Zelle and Robinhood to understand the potential costs before engaging in cryptocurrency transactions.
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