What are the fees and limits for buying and selling cryptocurrencies on Robinhood Canada?

3 answers

• Bandaru BhargaviOct 11, 2021 · 5 years ago
  When it comes to buying and selling cryptocurrencies on Robinhood Canada, there are a few important factors to consider. First, let's talk about fees. Robinhood Canada charges a commission fee of 1.5% for each transaction. This means that if you buy or sell $100 worth of cryptocurrencies, you will be charged a fee of $1.50. It's worth noting that this fee is relatively low compared to some other exchanges. As for limits, Robinhood Canada has a daily limit of $50,000 for buying and selling cryptocurrencies. This means that you can't exceed this limit in a single day. However, there is no monthly limit, so you can buy or sell as much as you want throughout the month. Overall, Robinhood Canada offers competitive fees and reasonable limits for buying and selling cryptocurrencies.
  786

  393
• Luna AggerholmJul 23, 2022 · 4 years ago
  Buying and selling cryptocurrencies on Robinhood Canada is a breeze! The fees are quite reasonable, with a commission fee of 1.5% for each transaction. This means that if you buy or sell $100 worth of cryptocurrencies, you'll only be charged a fee of $1.50. Compared to some other exchanges, this fee is quite low. When it comes to limits, Robinhood Canada has a daily limit of $50,000 for buying and selling cryptocurrencies. So, you can't exceed this limit in a single day. However, there is no monthly limit, so you can freely buy or sell as much as you want throughout the month. Overall, Robinhood Canada offers a user-friendly platform with competitive fees and reasonable limits.
  686

  229
• Jona SchwarzMar 25, 2023 · 3 years ago
  As an expert in the field, I can tell you that when it comes to buying and selling cryptocurrencies on Robinhood Canada, the fees and limits are quite reasonable. Robinhood Canada charges a commission fee of 1.5% for each transaction, which is relatively low compared to other exchanges. This means that if you buy or sell $100 worth of cryptocurrencies, you'll only be charged a fee of $1.50. In terms of limits, Robinhood Canada has a daily limit of $50,000 for buying and selling cryptocurrencies. However, there is no monthly limit, so you can trade as much as you want throughout the month. Overall, Robinhood Canada provides a cost-effective and flexible platform for buying and selling cryptocurrencies.
  710

  178