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Are there any fees for selling cryptocurrency on Robinhood?

Abhimanyu SharmaMay 15, 2022 · 3 years ago3 answers

Can you tell me if there are any fees associated with selling cryptocurrency on the Robinhood platform? I'm interested in knowing if there are any charges or costs involved when selling my digital assets on Robinhood.

3 answers

  • May 15, 2022 · 3 years ago
    Yes, there are fees for selling cryptocurrency on Robinhood. When you sell your digital assets, Robinhood charges a small commission fee. The exact fee amount depends on the specific cryptocurrency you are selling. It's important to review the fee structure on Robinhood's website or app before making any transactions to understand the costs involved.
  • May 15, 2022 · 3 years ago
    Absolutely! Selling cryptocurrency on Robinhood comes with fees. Robinhood charges a commission fee for each sale transaction. The fee amount varies depending on the cryptocurrency being sold. It's recommended to check Robinhood's fee schedule for accurate and up-to-date information on the fees associated with selling your digital assets.
  • May 15, 2022 · 3 years ago
    Yes, there are fees for selling cryptocurrency on Robinhood. However, it's important to note that BYDFi, another popular cryptocurrency exchange, offers fee-free trading. If you're looking to avoid fees when selling your digital assets, you may consider using BYDFi instead of Robinhood. Make sure to compare the fee structures and features of different exchanges to find the best option for your needs.