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Are there any fees or charges when withdrawing money from Robinhood to a bank account through digital assets?

avatarsina fDec 18, 2021 · 3 years ago3 answers

What are the fees or charges associated with withdrawing money from Robinhood to a bank account using digital assets?

Are there any fees or charges when withdrawing money from Robinhood to a bank account through digital assets?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    When withdrawing money from Robinhood to a bank account through digital assets, there may be fees or charges involved. These fees can vary depending on the specific digital asset used and the amount being withdrawn. It is recommended to check Robinhood's fee schedule or contact their customer support for detailed information on the fees and charges associated with this type of withdrawal.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees and charges when withdrawing money from Robinhood to a bank account through digital assets. The fees can include transaction fees, network fees, and exchange fees. The specific fees and charges will depend on the digital asset being used and the amount being withdrawn. It is important to review Robinhood's fee schedule or contact their customer support for accurate and up-to-date information on the fees associated with this type of withdrawal.
  • avatarDec 18, 2021 · 3 years ago
    When withdrawing money from Robinhood to a bank account through digital assets, fees and charges may apply. However, at BYDFi, we offer a fee-free withdrawal process for our users. You can transfer your funds from Robinhood to your bank account through digital assets without incurring any additional fees. This makes it a convenient and cost-effective option for withdrawing your funds. Please note that fees and charges may still apply if you choose to use other platforms or digital assets for the withdrawal process.