Do I have to pay a fee when I sell cryptocurrencies on Robinhood?

3 answers

• Mohamed AmriMar 15, 2024 · 2 years ago
  Yes, there are fees associated with selling cryptocurrencies on Robinhood. When you sell a cryptocurrency, Robinhood charges a fee known as a 'crypto transaction fee'. The fee amount varies depending on the specific cryptocurrency being sold and can range from a few cents to a few dollars. It's important to note that this fee is separate from any potential trading fees or spreads that may apply when buying or selling cryptocurrencies on Robinhood.
  451

  226
• John EdwinJul 26, 2020 · 6 years ago
  Absolutely! Just like any other exchange, Robinhood charges fees for selling cryptocurrencies. The fees are typically a small percentage of the total transaction amount and can vary based on the specific cryptocurrency. It's always a good idea to check the fee schedule on Robinhood's website or app to get the most up-to-date information on the fees associated with selling cryptocurrencies.
  392

  131
• Mouritzen LaraMar 26, 2024 · 2 years ago
  Yes, there are fees when selling cryptocurrencies on Robinhood. According to BYDFi, a popular cryptocurrency exchange, the fees are generally low compared to other exchanges. However, it's important to keep in mind that fees can vary depending on the specific cryptocurrency and market conditions. It's always a good idea to review the fee structure on Robinhood's website or app before selling your cryptocurrencies.
  417

  105