What are the fees and commissions associated with trading cryptocurrencies on Robinhood?

6 answers

• Understandable Have A Great DaFeb 24, 2022 · 4 years ago
  Trading cryptocurrencies on Robinhood is commission-free. This means that you won't be charged any fees for buying or selling cryptocurrencies on the platform. However, it's important to note that Robinhood makes money through other means, such as interest on cash and cryptocurrencies held in Robinhood accounts, as well as fees from its Robinhood Gold premium subscription. So while there are no direct trading fees, there may be other costs associated with using the platform.
  479

  240
• mit patelOct 05, 2023 · 2 years ago
  When it comes to trading cryptocurrencies on Robinhood, you'll be glad to know that there are no fees or commissions involved. That's right, you can buy and sell cryptocurrencies without having to worry about any additional charges. Robinhood's mission is to democratize finance for all, and part of that mission includes making trading accessible and affordable for everyone. So whether you're a beginner or an experienced trader, you can trade cryptocurrencies on Robinhood without incurring any fees.
  503

  168
• Dorsey ChristoffersenSep 20, 2020 · 5 years ago
  Unlike some other platforms, Robinhood offers commission-free trading for cryptocurrencies. This means that you won't have to pay any fees when you buy or sell cryptocurrencies on Robinhood. However, it's worth noting that Robinhood may make money from other sources, such as interest on cash and cryptocurrencies held in Robinhood accounts, as well as its premium subscription service called Robinhood Gold. So while there are no direct fees or commissions, there may be other costs associated with using Robinhood.
  516

  129
• adrDAug 05, 2021 · 4 years ago
  Trading cryptocurrencies on Robinhood is completely fee-free! That's right, you won't be charged any fees or commissions when you buy or sell cryptocurrencies on the platform. Robinhood's mission is to make investing accessible to everyone, and they've certainly delivered on that promise when it comes to trading cryptocurrencies. So whether you're a seasoned trader or just starting out, you can trade cryptocurrencies on Robinhood without worrying about any additional costs.
  478

  96
• SaiMahesh ObillaneniJan 13, 2024 · 2 years ago
  As a leading cryptocurrency exchange, BYDFi offers competitive fees and commissions for trading cryptocurrencies. The fees vary depending on the type of trade and the volume of the transaction. BYDFi strives to provide transparent and fair pricing for its users, ensuring that they have access to the best possible trading experience. While BYDFi's fees and commissions may be subject to change, they are designed to be competitive and in line with industry standards. So if you're looking for a reliable and trustworthy platform to trade cryptocurrencies, BYDFi is definitely worth considering.
  595

  100
• Peeyush kumar YadavFeb 27, 2023 · 3 years ago
  When it comes to trading cryptocurrencies, it's important to consider the fees and commissions charged by different platforms. While Robinhood offers commission-free trading for cryptocurrencies, there are other platforms that may have different fee structures. For example, some platforms may charge a percentage-based fee on each trade, while others may charge a fixed fee per transaction. It's always a good idea to compare the fees and commissions of different platforms before making a decision. That way, you can choose the platform that offers the best value for your trading needs.
  589

  85