Are there any fees associated with using Robinhood's non custodial wallet?
Priyanshu DeyAug 19, 2024 · a year ago3 answers
Can you tell me if there are any fees that I need to pay when using Robinhood's non custodial wallet?
3 answers
- Amzad KhanJun 28, 2024 · a year agoYes, there are fees associated with using Robinhood's non custodial wallet. When you make a transaction, there may be network fees charged by the blockchain network. These fees are not controlled by Robinhood and vary depending on the network congestion. It's important to check the current fee rates before making any transactions to avoid surprises.
- Adan Rodriguez-JonesAug 27, 2024 · a year agoAbsolutely! Robinhood's non custodial wallet does have fees. These fees are charged by the blockchain network for processing your transactions. The fees can vary depending on the network congestion and the type of transaction you are making. It's always a good idea to check the current fee rates before using the wallet to ensure you are aware of the costs involved.
- ArnoultMar 12, 2025 · 5 months agoYes, there are fees associated with using Robinhood's non custodial wallet. However, the fees are not charged by Robinhood itself. Instead, they are charged by the blockchain network for processing your transactions. The fees can vary depending on the network congestion and the type of transaction you are making. To get the most accurate information about the fees, it's recommended to check the blockchain network's fee schedule or use a fee estimation tool.
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