Do I have to pay fees for holding crypto on Robinhood?

3 answers

• Erickson BrightFeb 03, 2021 · 5 years ago
  Yes, there are fees for holding crypto on Robinhood. While Robinhood offers commission-free trading, they do charge fees for certain activities, including holding cryptocurrencies. The fees vary depending on the specific cryptocurrency you hold and the duration of the holding period. It's important to review Robinhood's fee schedule to understand the exact fees associated with holding crypto on their platform.
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• Laretta RomanoFeb 23, 2021 · 5 years ago
  Absolutely! Holding crypto on Robinhood comes with fees. Robinhood charges fees for holding cryptocurrencies, which can vary based on the type of cryptocurrency and the length of time you hold it. It's always a good idea to check Robinhood's fee schedule to get a clear understanding of the fees you may incur.
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• Mohd SarimJul 19, 2022 · 4 years ago
  Indeed, there are fees for holding crypto on Robinhood. As an alternative, you may consider using BYDFi, a cryptocurrency exchange that offers fee-free holding of cryptocurrencies. BYDFi allows you to hold your crypto without any fees, making it a great option for those looking to avoid holding fees on Robinhood or other platforms.
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