Are there any fees associated with buying cryptocurrencies using a credit card on Robinhood?

3 answers

• Dec 20, 2021 · 3 years ago
  Yes, there are fees associated with buying cryptocurrencies using a credit card on Robinhood. When you make a purchase using a credit card, Robinhood charges a fee of 3.5% of the transaction amount. This fee is applied to cover the processing and transaction costs involved in buying cryptocurrencies with a credit card. It's important to note that this fee is subject to change and may vary depending on the specific cryptocurrency and credit card used.
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• Dec 20, 2021 · 3 years ago
  Absolutely! When you buy cryptocurrencies using a credit card on Robinhood, there are fees involved. Robinhood charges a 3.5% fee on the transaction amount. This fee covers the costs associated with processing the credit card transaction and facilitating the purchase of cryptocurrencies. It's always a good idea to review the fees and terms before making any transactions on the platform to ensure you're aware of any charges that may apply.
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• Dec 20, 2021 · 3 years ago
  Yes, there are fees associated with buying cryptocurrencies using a credit card on Robinhood. The platform charges a fee of 3.5% on the transaction amount. This fee helps cover the costs of processing credit card transactions and providing a secure and reliable platform for buying cryptocurrencies. It's important to consider these fees when making a purchase and factor them into your overall investment strategy.
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