Are there any fees associated with using instant deposit on Robinhood for cryptocurrency transactions?

3 answers

• RosildaMar 31, 2022 · 4 years ago
  Yes, there are fees associated with using instant deposit on Robinhood for cryptocurrency transactions. When you use instant deposit, you will be charged a fee of 1.5% of the total transaction amount. This fee is deducted from the amount you deposit, so you will receive slightly less cryptocurrency than the amount you deposit.
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• Carlos Hernndez Armas ChernanxJul 15, 2024 · 2 years ago
  Absolutely! When you use instant deposit on Robinhood for cryptocurrency transactions, there is a fee of 1.5% that you need to pay. This fee is automatically deducted from your deposit, so you don't need to worry about paying it separately. Just keep in mind that you will receive slightly less cryptocurrency than the amount you deposit.
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• Esha RajpootJun 08, 2021 · 5 years ago
  Yes, there are fees associated with using instant deposit on Robinhood for cryptocurrency transactions. However, it's important to note that these fees are subject to change and may vary depending on the specific transaction. It's always a good idea to check the latest fee schedule on Robinhood's website or contact their customer support for the most accurate and up-to-date information.
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