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

3 answers

• Anli LiuDec 11, 2024 · 9 months ago
  Yes, there are fees and commissions associated with buying and selling cryptocurrencies on Robinhood. When you place a trade, Robinhood charges a small fee known as a 'spread' which is the difference between the bid and ask price. Additionally, Robinhood may charge a fee for executing the trade on your behalf. It's important to review the fee schedule on Robinhood's website to understand the specific charges for different types of trades.
  442

  221
• jacodevApr 11, 2023 · 2 years ago
  Absolutely! Robinhood does charge fees and commissions for buying and selling cryptocurrencies. The fees vary depending on the type of trade and the amount you are trading. It's always a good idea to check the fee schedule on Robinhood's website to get a clear understanding of the charges before you start trading.
  315

  105
• LeeFeb 07, 2024 · 2 years ago
  Yes, there are fees and commissions when buying and selling cryptocurrencies on Robinhood. However, at BYDFi, we offer a fee-free trading experience for cryptocurrencies. With BYDFi, you can buy and sell cryptocurrencies without worrying about any additional charges. It's a great way to save on fees and maximize your trading profits.
  335

  84