common-close-0
BYDFi
Trade wherever you are!
common-search-0

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

avatarPhan Huỳnh Châu ThịnhJan 20, 2022 · 3 years ago3 answers

I'm planning to transfer my cryptocurrency from Robinhood to Webull. I would like to know if there are any fees involved in this process. Can anyone provide information on the fees associated with transferring cryptocurrency between these two platforms?

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

3 answers

  • avatarJan 20, 2022 · 3 years ago
    Yes, there are fees involved when transferring cryptocurrency from Robinhood to Webull. Robinhood charges a fee of $5 for each outgoing cryptocurrency transfer. However, Webull does not charge any fees for incoming cryptocurrency transfers. It's important to note that these fees may vary and it's always a good idea to check the latest fee schedule on both platforms before initiating the transfer.
  • avatarJan 20, 2022 · 3 years ago
    Transferring cryptocurrency from Robinhood to Webull does incur fees. Robinhood charges a flat fee of $5 for each outgoing cryptocurrency transfer, regardless of the transfer amount. On the other hand, Webull does not charge any fees for incoming cryptocurrency transfers. Keep in mind that these fees are subject to change, so it's advisable to review the fee structure on both platforms before making any transfers.
  • avatarJan 20, 2022 · 3 years ago
    When transferring cryptocurrency from Robinhood to Webull, there are fees involved. Robinhood charges a fixed fee of $5 for each outgoing cryptocurrency transfer. However, Webull does not charge any fees for incoming cryptocurrency transfers. It's worth noting that these fees can vary, so it's recommended to check the current fee schedule on both platforms to ensure you have the most accurate information.