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Are there any fees involved in transferring Bitcoin from Coinbase to Robinhood?

avatarAnoop KizhiveettilDec 17, 2021 · 3 years ago3 answers

Can you tell me if there are any fees associated with transferring Bitcoin from Coinbase to Robinhood? I'm considering moving my Bitcoin from Coinbase to Robinhood, but I want to make sure I won't be charged any fees for the transfer.

Are there any fees involved in transferring Bitcoin from Coinbase to Robinhood?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees involved in transferring Bitcoin from Coinbase to Robinhood. Coinbase charges a network fee for each transaction, which can vary depending on network congestion. Additionally, Robinhood may charge a fee for incoming transfers of Bitcoin. It's best to check both platforms' fee schedules before making the transfer to understand the exact costs involved.
  • avatarDec 17, 2021 · 3 years ago
    Transferring Bitcoin from Coinbase to Robinhood does come with fees. Coinbase charges a network fee, which is determined by the current network congestion and can change over time. Robinhood may also charge a fee for incoming Bitcoin transfers. It's important to review the fee structures of both platforms to determine the total cost of the transfer.
  • avatarDec 17, 2021 · 3 years ago
    When transferring Bitcoin from Coinbase to Robinhood, there are fees to consider. Coinbase charges a network fee for each transaction, and Robinhood may also charge a fee for incoming Bitcoin transfers. It's recommended to review the fee schedules of both platforms to understand the costs involved and make an informed decision.