Are there any fees involved when transferring crypto from Coinbase to Robinhood?

3 answers

• May 26, 2022 · 3 years ago
  Yes, there are fees involved when transferring crypto from Coinbase to Robinhood. Coinbase charges a network fee for each transaction, which varies depending on the cryptocurrency you're transferring. Additionally, Robinhood may also charge a fee for incoming transfers. It's recommended to check both platforms' fee schedules before making the transfer to understand the exact costs involved.
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• May 26, 2022 · 3 years ago
  Transferring crypto from Coinbase to Robinhood does come with fees. Coinbase charges a network fee that covers the cost of validating and confirming the transaction on the blockchain. The fee amount depends on the specific cryptocurrency being transferred. Robinhood may also charge a fee for processing incoming transfers. It's important to review both platforms' fee structures to determine the total cost of the transfer.
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• May 26, 2022 · 3 years ago
  When transferring crypto from Coinbase to Robinhood, there are fees that you need to consider. Coinbase charges a network fee for each transaction, which can vary depending on the cryptocurrency. Robinhood may also charge a fee for incoming transfers. However, at BYDFi, we offer fee-free transfers from Coinbase to Robinhood. So, if you want to avoid fees, you can use our platform for the transfer.
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