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Are there any fees associated with using a Robinhood debit card for digital asset purchases?

avatarFaizu 8803Nov 25, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when using a Robinhood debit card to make digital asset purchases? I'm considering using the Robinhood debit card for my digital asset transactions, but I want to make sure there are no hidden fees or additional costs involved. Can you provide some information on the fees associated with using a Robinhood debit card for digital asset purchases?

Are there any fees associated with using a Robinhood debit card for digital asset purchases?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    Yes, there are fees associated with using a Robinhood debit card for digital asset purchases. When you use the Robinhood debit card to buy digital assets, you may be charged a transaction fee. The fee amount can vary depending on the specific transaction and the digital asset you are purchasing. It's important to review the fee schedule provided by Robinhood to understand the exact fees associated with using the debit card for digital asset purchases.
  • avatarNov 25, 2021 · 3 years ago
    No, there are no fees associated with using a Robinhood debit card for digital asset purchases. Robinhood offers fee-free trading for digital assets, and this includes transactions made using the Robinhood debit card. You can enjoy the convenience of using the debit card without worrying about any additional costs or fees.
  • avatarNov 25, 2021 · 3 years ago
    While Robinhood itself does not charge any fees for using their debit card for digital asset purchases, it's important to note that there may be fees imposed by the digital asset networks or other third-party providers. These fees are typically small and are charged by the network or provider for processing the transaction. It's advisable to check with the specific digital asset network or provider to understand if there are any additional fees involved when using the Robinhood debit card.