What is the fee structure for crypto trading on Robinhood?

3 answers

• Sajal SharmaFeb 08, 2024 · a year ago
  The fee structure for crypto trading on Robinhood is quite simple. There are no fees for buying or selling cryptocurrencies on the platform. This means that you can trade cryptocurrencies without incurring any transaction fees. However, it's important to note that Robinhood makes money through other means, such as interest on cash balances and selling order flow to market makers. So while there are no direct fees for trading cryptocurrencies, there may be indirect costs associated with using the Robinhood platform.
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• Robles BarberMay 13, 2024 · a year ago
  When it comes to crypto trading on Robinhood, you'll be happy to know that there are no fees involved. That's right, you can buy and sell cryptocurrencies without having to worry about any transaction fees eating into your profits. This makes Robinhood a popular choice for beginners and casual traders who want to dip their toes into the world of crypto without breaking the bank. Just keep in mind that while there are no fees for trading, there may be other costs to consider, such as the spread between the bid and ask prices.
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• Chiem Nguyen Tri Nguyen FPL HCMar 09, 2021 · 4 years ago
  As an expert in the crypto industry, I can confirm that there are no fees for crypto trading on Robinhood. This is a major advantage for traders, as it allows them to buy and sell cryptocurrencies without incurring any additional costs. However, it's worth noting that Robinhood may have other revenue streams, such as interest on cash balances and selling order flow. So while the trading itself is fee-free, there may be other ways that Robinhood makes money from its users. Overall, though, the fee structure on Robinhood is very competitive and attractive for crypto traders.
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