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Are there any limitations or fees when transferring funds from Robinhood to a cryptocurrency wallet?

avatarRoss OddershedeNov 28, 2021 · 3 years ago1 answers

What are the limitations and fees associated with transferring funds from Robinhood to a cryptocurrency wallet?

Are there any limitations or fees when transferring funds from Robinhood to a cryptocurrency wallet?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    When transferring funds from Robinhood to a cryptocurrency wallet, it's important to be aware of any limitations and fees involved. Robinhood supports a range of cryptocurrencies for withdrawal, but not all cryptocurrencies are available. Additionally, there may be minimum and maximum withdrawal limits set by Robinhood. In terms of fees, Robinhood does not charge any fees for cryptocurrency transfers. However, network fees may apply. These network fees are charged by the blockchain network and can vary depending on factors such as network congestion. It's a good idea to check the current network fees and factor them into your decision when transferring funds to a cryptocurrency wallet.