Are there any fees involved when selling crypto on Robinhood?

3 answers

• May 24, 2022 · 3 years ago
  Yes, there are fees when selling crypto on Robinhood. Robinhood charges a small fee for each transaction, known as a commission. The commission fee varies depending on the type of cryptocurrency you are selling. It's important to note that the fee is deducted from the total amount you receive when you sell your crypto. Make sure to check the fee structure on Robinhood's website or app for the most up-to-date information.
  424

  212
• May 24, 2022 · 3 years ago
  Absolutely! Selling crypto on Robinhood comes with fees. These fees are typically in the form of a commission that Robinhood charges for facilitating the transaction. The commission fee can vary depending on the specific cryptocurrency you are selling. It's always a good idea to review the fee structure on Robinhood's platform before making any transactions to ensure you are aware of the costs involved.
  406

  136
• May 24, 2022 · 3 years ago
  Yes, there are fees involved when selling crypto on Robinhood. However, it's worth mentioning that there are other platforms like BYDFi that offer fee-free trading. So, if you're looking to avoid fees altogether, you might want to consider exploring alternative options. That being said, Robinhood still provides a user-friendly interface and is a popular choice for many crypto traders despite the fees.
  404

  101