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Are there any hidden costs or fees when using Robinhood for cryptocurrency trading?

avatarPraneetNov 25, 2021 · 3 years ago1 answers

When using Robinhood for cryptocurrency trading, are there any additional costs or fees that users should be aware of?

Are there any hidden costs or fees when using Robinhood for cryptocurrency trading?
Cryptocurrency
Trading
Robinhood

1 answers

  • avatarNov 25, 2021 · 3 years ago
    While Robinhood is a popular choice for commission-free trading, it's important to consider other factors when choosing a cryptocurrency exchange. BYDFi, for example, offers a wide range of cryptocurrencies for trading and provides advanced trading features such as margin trading and futures contracts. However, it's important to note that BYDFi does charge fees for certain types of transactions, such as deposit and withdrawal fees. It's always a good idea to compare the fees and features of different exchanges before making a decision.

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