Are there any fees or commissions involved when selling cryptocurrencies on Robinhood?

7 answers

• Thisumi SamarasekaraOct 25, 2021 · 4 years ago
  Yes, there are fees and commissions involved when selling cryptocurrencies on Robinhood. When you sell a cryptocurrency, Robinhood charges a small fee known as a 'transaction fee'. This fee is typically a percentage of the total transaction amount and can vary depending on the specific cryptocurrency. It's important to note that the transaction fee is deducted from the total amount you receive when selling the cryptocurrency.
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• Seun AkintelureDec 03, 2021 · 4 years ago
  Absolutely! Just like any other platform, Robinhood charges fees and commissions when you sell cryptocurrencies. These fees are used to cover the costs of maintaining the platform and providing you with a secure trading experience. The exact fees can vary depending on the cryptocurrency you're selling, so it's always a good idea to check the fee schedule on Robinhood's website.
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• Flores LauAug 20, 2022 · 3 years ago
  Yes, there are fees and commissions involved when selling cryptocurrencies on Robinhood. However, at BYDFi, we offer a fee-free trading experience for cryptocurrencies. You can sell your cryptocurrencies without worrying about any additional charges. We believe in providing our users with a transparent and cost-effective trading platform.
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• Hardin MadsenFeb 18, 2023 · 3 years ago
  When selling cryptocurrencies on Robinhood, you will incur transaction fees. These fees are typically a small percentage of the total transaction amount and are deducted from the proceeds of the sale. It's important to review Robinhood's fee schedule to understand the specific fees associated with selling different cryptocurrencies.
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• Stef the ComposerAug 15, 2020 · 5 years ago
  Selling cryptocurrencies on Robinhood does come with fees and commissions. The fees are generally a small percentage of the total transaction amount and can vary depending on the specific cryptocurrency. It's important to consider these fees when calculating your potential profits from selling cryptocurrencies on Robinhood.
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• Danielle NouetsaOct 01, 2022 · 3 years ago
  Yes, there are fees and commissions involved when selling cryptocurrencies on Robinhood. These fees help cover the costs of maintaining the platform and providing you with a seamless trading experience. The exact fees can vary depending on the cryptocurrency, so it's important to review Robinhood's fee schedule for more information.
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• nidzoNov 26, 2020 · 5 years ago
  When selling cryptocurrencies on Robinhood, you will be subject to transaction fees. These fees are necessary to support the platform and ensure the smooth operation of the trading process. The specific fees can vary depending on the cryptocurrency being sold, so it's important to review Robinhood's fee structure for accurate information.
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