What is the fee structure for withdrawing cryptocurrencies from Robinhood?

3 answers

• DDladniaMay 21, 2023 · 2 years ago
  Sure! When it comes to withdrawing cryptocurrencies from Robinhood, there are a few things to consider. Firstly, Robinhood does not charge any fees for cryptocurrency deposits or withdrawals. However, it's important to note that there may be network fees associated with transferring cryptocurrencies to and from your Robinhood account. These network fees are determined by the blockchain network and can vary depending on the cryptocurrency you are withdrawing. It's always a good idea to check the current network fees before making a withdrawal.
  548

  274
• Balamurali MJan 29, 2024 · 2 years ago
  The fee structure for withdrawing cryptocurrencies from Robinhood is quite straightforward. Robinhood itself does not charge any fees for cryptocurrency withdrawals. However, you may incur network fees when transferring cryptocurrencies to and from your Robinhood account. These network fees are not determined by Robinhood, but rather by the blockchain network of the specific cryptocurrency you are withdrawing. It's important to keep in mind that these network fees can fluctuate and may be higher during times of high network congestion.
  541

  181
• Chris HartApr 16, 2022 · 3 years ago
  When it comes to withdrawing cryptocurrencies from Robinhood, you'll be happy to know that there are no fees charged by Robinhood itself. However, it's important to note that there may be network fees involved in the withdrawal process. These network fees are determined by the blockchain network of the specific cryptocurrency you are withdrawing and are not controlled by Robinhood. It's always a good idea to check the current network fees before initiating a withdrawal to ensure you are aware of any potential costs.
  521

  131