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Are there any fees associated with cashing out of Robinhood with cryptocurrencies?

avatarFerchoDec 15, 2021 · 3 years ago3 answers

I would like to know if there are any fees involved when cashing out of Robinhood with cryptocurrencies. Can you provide me with information on the fees associated with withdrawing cryptocurrencies from Robinhood?

Are there any fees associated with cashing out of Robinhood with cryptocurrencies?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees associated with cashing out of Robinhood with cryptocurrencies. When you sell your cryptocurrencies on Robinhood, you may be subject to a small fee. The fee amount depends on the specific cryptocurrency and the current market conditions. It's always a good idea to check the fee schedule on Robinhood's website or app to get the most up-to-date information on the fees associated with cashing out.
  • avatarDec 15, 2021 · 3 years ago
    Cashing out of Robinhood with cryptocurrencies does come with fees. The fees can vary depending on the type of cryptocurrency you are selling and the current market conditions. It's important to be aware of these fees before making any transactions. You can find more details about the fees on Robinhood's website or by contacting their customer support.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees associated with cashing out of Robinhood with cryptocurrencies. However, at BYDFi, we offer a fee-free withdrawal option for cryptocurrencies. This means that you can cash out your cryptocurrencies from Robinhood to BYDFi without incurring any additional fees. It's a great way to save on fees and have more control over your cryptocurrency investments.