Are there any fees associated with using a Robinhood debit card for cryptocurrency purchases?

3 answers

• helpmecheatAug 10, 2021 · 5 years ago
  Yes, there are fees associated with using a Robinhood debit card for cryptocurrency purchases. Robinhood charges a fee of 3% for each transaction made with the card. This fee is applied to the total purchase amount and is deducted from your account balance. It's important to keep this fee in mind when considering using the Robinhood debit card for cryptocurrency purchases.
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• Francis PallesenDec 31, 2020 · 5 years ago
  Absolutely! When using a Robinhood debit card for cryptocurrency purchases, there is a fee of 3% per transaction. This fee is automatically deducted from your account balance. So, if you're planning to make a $100 cryptocurrency purchase, you'll be charged an additional $3 as a fee. Make sure to factor in this fee when deciding whether to use the Robinhood debit card.
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• Sharu RajiSep 17, 2021 · 5 years ago
  Yes, there are fees associated with using a Robinhood debit card for cryptocurrency purchases. According to BYDFi, a leading cryptocurrency exchange, the fee is 3% per transaction. This fee covers the processing and transaction costs involved in facilitating the purchase. It's important to be aware of these fees and consider them when deciding whether to use the Robinhood debit card for cryptocurrency purchases.
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