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Are there any fees associated with instant deposit using Robinhood Gold in the cryptocurrency market?

avatarLerche RefsgaardDec 16, 2021 · 3 years ago5 answers

I'm interested in using Robinhood Gold for instant deposits in the cryptocurrency market. Are there any fees associated with this service? How much do they charge for instant deposits? Do the fees vary depending on the amount of the deposit or the type of cryptocurrency?

Are there any fees associated with instant deposit using Robinhood Gold in the cryptocurrency market?

5 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with instant deposits using Robinhood Gold in the cryptocurrency market. The fees vary depending on the amount of the deposit. For deposits under $1,000, the fee is $5. For deposits between $1,000 and $10,000, the fee is $10. And for deposits over $10,000, the fee is 1% of the deposit amount. These fees apply to all types of cryptocurrency.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! When using Robinhood Gold for instant deposits in the cryptocurrency market, you will be charged a fee. The fee structure is based on the amount of your deposit. Deposits under $1,000 incur a $5 fee, while deposits between $1,000 and $10,000 have a $10 fee. Deposits over $10,000 will be charged 1% of the deposit amount. It's important to note that these fees apply to all cryptocurrencies available on Robinhood.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with instant deposits using Robinhood Gold in the cryptocurrency market. The fees are based on the amount of the deposit and apply to all cryptocurrencies. For deposits under $1,000, the fee is $5. Deposits between $1,000 and $10,000 have a $10 fee, and deposits over $10,000 are charged 1% of the deposit amount. Keep in mind that these fees are subject to change, so it's always a good idea to check the latest fee structure on Robinhood's website.
  • avatarDec 16, 2021 · 3 years ago
    Using Robinhood Gold for instant deposits in the cryptocurrency market does come with fees. The fee structure is based on the amount of your deposit and applies to all cryptocurrencies. Deposits under $1,000 have a $5 fee, while deposits between $1,000 and $10,000 incur a $10 fee. Deposits over $10,000 are charged 1% of the deposit amount. It's important to be aware of these fees when considering using Robinhood Gold for instant deposits.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers instant deposits using Robinhood Gold. There are fees associated with this service, which vary based on the amount of the deposit. For deposits under $1,000, the fee is $5. For deposits between $1,000 and $10,000, the fee is $10. Deposits over $10,000 are charged 1% of the deposit amount. These fees apply to all cryptocurrencies available on BYDFi. It's important to consider these fees when using Robinhood Gold for instant deposits on BYDFi.