What are the fees and limits for trading digital currencies on Robinhood and Cash App?

3 answers

• asadowMar 25, 2025 · a year ago
  When it comes to trading digital currencies on Robinhood and Cash App, there are some fees and limits to be aware of. On Robinhood, you can buy and sell digital currencies without any commission fees. However, there may be fees associated with certain transactions, such as depositing or withdrawing funds. As for limits, Robinhood has a maximum limit of $50,000 per day for individual accounts. On the other hand, Cash App charges a fee for buying and selling digital currencies, which is typically around 1.5% of the transaction amount. The limits on Cash App vary depending on your account verification level. For unverified accounts, the limit is $1,000 per day, while verified accounts have a limit of $7,500 per week. It's important to note that these fees and limits are subject to change, so it's always a good idea to check the latest information on the respective platforms' websites.
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• Kloster RowlandAug 01, 2022 · 4 years ago
  Trading digital currencies on Robinhood and Cash App comes with its own set of fees and limits. Robinhood offers commission-free trading for digital currencies, meaning you won't have to pay any fees when buying or selling. However, there may be fees associated with other transactions, such as depositing or withdrawing funds. As for limits, Robinhood has a maximum daily limit of $50,000 for individual accounts. On the other hand, Cash App charges a fee for buying and selling digital currencies, which is typically around 1.5% of the transaction amount. The limits on Cash App depend on your account verification level, with unverified accounts having a limit of $1,000 per day and verified accounts having a limit of $7,500 per week. It's important to keep in mind that these fees and limits may change over time, so it's always a good idea to check the latest information on the platforms' websites.
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• Ty39QAQOct 04, 2021 · 5 years ago
  When it comes to trading digital currencies on Robinhood and Cash App, the fees and limits can vary. Robinhood offers commission-free trading for digital currencies, meaning you won't have to pay any fees when buying or selling. However, there may be fees associated with other transactions, such as depositing or withdrawing funds. As for limits, Robinhood has a maximum daily limit of $50,000 for individual accounts. On the other hand, Cash App charges a fee for buying and selling digital currencies, which is typically around 1.5% of the transaction amount. The limits on Cash App depend on your account verification level, with unverified accounts having a limit of $1,000 per day and verified accounts having a limit of $7,500 per week. It's important to note that these fees and limits may change, so it's always a good idea to check the latest information on the platforms' websites.
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