Are there any fees associated with setting up a custodial account on Robinhood for digital currencies?

3 answers

• Pitts ChandlerJul 14, 2020 · 6 years ago
  Yes, there are fees associated with setting up a custodial account on Robinhood for digital currencies. When you create a custodial account, you may be subject to certain fees such as account maintenance fees, transaction fees, or withdrawal fees. It is important to review the fee schedule provided by Robinhood to understand the specific costs associated with using their custodial account services for digital currencies.
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• amiRRezaApr 20, 2022 · 4 years ago
  Setting up a custodial account on Robinhood for digital currencies does come with fees. These fees can vary depending on the type of transaction or service you use. It's always a good idea to review the fee schedule provided by Robinhood to ensure you are aware of any costs associated with using their custodial account services for digital currencies.
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• Bhavish NadarJul 06, 2025 · a year ago
  Yes, there are fees associated with setting up a custodial account on Robinhood for digital currencies. However, the specific fees may vary depending on the type of transaction or service you use. It's important to review the fee schedule provided by Robinhood to understand the costs associated with using their custodial account services for digital currencies. Please note that this information is based on my understanding as a third-party and may not reflect the most up-to-date fees charged by Robinhood.
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