What percentage does Robinhood take from cryptocurrency trades?

3 answers

• May 07, 2022 · 3 years ago
  When it comes to cryptocurrency trades on Robinhood, the platform does not charge any commission fees. This means that you can buy and sell cryptocurrencies without incurring any additional costs. However, it's important to note that Robinhood makes money through other means, such as interest on cash and margin lending. So while there are no direct fees for cryptocurrency trades, it's always a good idea to understand the overall financial model of the platform.
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• May 07, 2022 · 3 years ago
  Robinhood takes zero percentage from cryptocurrency trades. Unlike traditional brokers that charge commissions on trades, Robinhood offers commission-free trading for cryptocurrencies. This is a great advantage for traders who want to minimize their costs and maximize their profits. So, if you're looking for a platform with no fees on cryptocurrency trades, Robinhood is definitely worth considering.
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• May 07, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that Robinhood does not charge any fees for cryptocurrency trades. This is one of the main reasons why many traders choose Robinhood as their preferred platform. With zero commission fees, you can trade cryptocurrencies without worrying about additional costs eating into your profits. However, it's always a good idea to stay updated on any changes in Robinhood's fee structure, as platforms may introduce new fees or adjust existing ones based on market conditions.
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