common-close-0
BYDFi
Trade wherever you are!

Are there any fees involved when transferring cryptocurrency from Robinhood to Schwab?

avatarJingze WangDec 17, 2021 · 3 years ago3 answers

What are the fees associated with transferring cryptocurrency from Robinhood to Schwab?

Are there any fees involved when transferring cryptocurrency from Robinhood to Schwab?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When transferring cryptocurrency from Robinhood to Schwab, there may be fees involved. It is important to check with both platforms to understand their specific fee structures. Robinhood may charge a fee for transferring cryptocurrency out of their platform, while Schwab may have their own fees for receiving cryptocurrency. Additionally, there may be network fees associated with the blockchain network used for the transfer. It is recommended to review the fee schedules of both Robinhood and Schwab, as well as any applicable blockchain network fees, to understand the total cost of the transfer.
  • avatarDec 17, 2021 · 3 years ago
    Transferring cryptocurrency from Robinhood to Schwab may incur fees. These fees can vary depending on the platforms and networks involved. Robinhood may charge a fee for the withdrawal of cryptocurrency, while Schwab may have fees for receiving and holding cryptocurrency. It is advisable to consult the fee schedules of both platforms and consider the potential network fees to determine the total cost of the transfer.
  • avatarDec 17, 2021 · 3 years ago
    When transferring cryptocurrency from Robinhood to Schwab, it is important to be aware of the potential fees involved. While I cannot provide specific information about Schwab's fee structure, it is advisable to check with both Robinhood and Schwab to understand any fees associated with the transfer. Additionally, keep in mind that there may be network fees charged by the blockchain network used for the transfer. Considering these factors will help you determine the total cost of transferring cryptocurrency from Robinhood to Schwab.