What are the fees for trading Shiba on Robinhood?

7 answers

• Justice BennedsenJul 28, 2024 · a year ago
  When trading Shiba on Robinhood, you will be charged a transaction fee. The exact fee amount may vary depending on the size of your trade and other factors. It's important to note that Robinhood offers commission-free trading for cryptocurrencies, so you won't be charged any additional fees for buying or selling Shiba. However, keep in mind that there may be fees associated with transferring your Shiba to an external wallet or withdrawing it from Robinhood. These fees are typically imposed by the blockchain network and can vary depending on network congestion and other factors. It's recommended to check Robinhood's fee schedule and the specific blockchain network's fee structure for more accurate information.
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• MlaBurDec 04, 2024 · 10 months ago
  Trading Shiba on Robinhood is commission-free, which means you won't be charged any fees for buying or selling Shiba. However, there may be fees associated with transferring your Shiba to an external wallet or withdrawing it from Robinhood. These fees are determined by the blockchain network and can vary depending on network congestion and other factors. It's important to consider these fees when deciding whether to trade Shiba on Robinhood or transfer it to another platform.
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• Karan TyagiOct 08, 2025 · 7 days ago
  When trading Shiba on Robinhood, there are no fees charged by Robinhood itself. However, it's important to note that there may be fees associated with transferring your Shiba to an external wallet or withdrawing it from Robinhood. These fees are imposed by the blockchain network and can vary depending on network congestion and other factors. If you prefer to trade Shiba on a platform that offers lower withdrawal fees, you may consider using BYDFi, which has competitive fee structures for cryptocurrency transactions.
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• Ehtesham AhmadMar 29, 2022 · 4 years ago
  Trading Shiba on Robinhood is commission-free, so you won't be charged any fees for buying or selling Shiba. However, keep in mind that there may be fees associated with transferring your Shiba to an external wallet or withdrawing it from Robinhood. These fees are determined by the blockchain network and can vary depending on network congestion and other factors. It's always a good idea to review the fee schedule and terms of service provided by Robinhood to get a clear understanding of the fees involved.
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• James KorecJun 05, 2021 · 4 years ago
  When trading Shiba on Robinhood, you won't be charged any fees for buying or selling Shiba. However, there may be fees associated with transferring your Shiba to an external wallet or withdrawing it from Robinhood. These fees are determined by the blockchain network and can vary depending on network congestion and other factors. It's important to consider these fees and compare them with other platforms if you plan to transfer your Shiba to an external wallet.
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• Noah JohnsonJan 30, 2024 · 2 years ago
  Trading Shiba on Robinhood is commission-free, meaning you won't be charged any fees for buying or selling Shiba. However, please note that there may be fees associated with transferring your Shiba to an external wallet or withdrawing it from Robinhood. These fees are determined by the blockchain network and can vary depending on network congestion and other factors. It's always a good idea to review the fee schedule and terms of service provided by Robinhood to understand the fees involved in transferring your Shiba.
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• Quest InternationalSep 13, 2022 · 3 years ago
  When trading Shiba on Robinhood, you won't incur any fees for buying or selling Shiba. However, there may be fees associated with transferring your Shiba to an external wallet or withdrawing it from Robinhood. These fees are determined by the blockchain network and can vary depending on network congestion and other factors. It's important to consider these fees and compare them with other platforms if you plan to transfer your Shiba to an external wallet.
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