Are there any fees associated with transferring cryptocurrency from Robinhood to my bank?

3 answers

• Dec 17, 2021 · 3 years ago
  When transferring cryptocurrency from Robinhood to your bank account, it's important to note that there may be fees involved. The specific fees and charges will depend on the cryptocurrency you are transferring and the bank you are using. Some banks may charge a flat fee for incoming cryptocurrency transfers, while others may charge a percentage-based fee. Additionally, there may be network fees associated with the blockchain network used for the transfer. It's recommended to check with your bank and Robinhood for the most accurate and up-to-date information regarding fees.
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• Dec 17, 2021 · 3 years ago
  Transferring cryptocurrency from Robinhood to your bank account may incur fees. These fees can vary depending on the type of cryptocurrency you are transferring and the bank you are using. Some banks charge a flat fee for cryptocurrency transfers, while others may charge a percentage-based fee. It's important to check with your bank to understand their specific fee structure. Additionally, Robinhood may also have its own fees for transferring cryptocurrency. Make sure to review Robinhood's terms and conditions or reach out to their customer support for more information.
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• Dec 17, 2021 · 3 years ago
  When transferring cryptocurrency from Robinhood to your bank account, it's important to consider any potential fees. While Robinhood itself does not charge fees for cryptocurrency transfers, your bank may have its own fee structure. Some banks charge a flat fee for incoming cryptocurrency transfers, while others may charge a percentage-based fee. Additionally, there may be network fees associated with the blockchain network used for the transfer. It's recommended to check with your bank and Robinhood for the most accurate and up-to-date information regarding fees. As an alternative, you may also consider using BYDFi, a decentralized exchange that offers low fees for cryptocurrency transfers.
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