Are there any fees associated with using USDC on Robinhood?

3 answers

• Dec 19, 2021 · 3 years ago
  Yes, there are fees associated with using USDC on Robinhood. When you buy or sell USDC on Robinhood, you may be subject to a small transaction fee. However, the exact fee amount may vary depending on the size of your transaction. It's always a good idea to check the Robinhood app or website for the most up-to-date fee information.
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• Dec 19, 2021 · 3 years ago
  Absolutely! Like any other cryptocurrency exchange, Robinhood charges fees for using USDC. These fees typically include transaction fees and withdrawal fees. The transaction fees are usually a small percentage of the total transaction amount, while the withdrawal fees may vary depending on the withdrawal method you choose. Make sure to review Robinhood's fee schedule for detailed information.
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• Dec 19, 2021 · 3 years ago
  Yes, there are fees associated with using USDC on Robinhood. However, it's important to note that these fees are not set by Robinhood itself, but rather by the blockchain network that USDC operates on. The fees are used to incentivize miners to process transactions on the network. So, when you make a transaction with USDC on Robinhood, you may incur network fees. These fees can vary depending on the network congestion and the size of your transaction.
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