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Are there any restrictions or fees when transferring digital currencies from Robinhood to Fidelity?

avatarMarshall 1234Dec 19, 2021 · 3 years ago3 answers

What are the restrictions and fees associated with transferring digital currencies from Robinhood to Fidelity?

Are there any restrictions or fees when transferring digital currencies from Robinhood to Fidelity?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    When transferring digital currencies from Robinhood to Fidelity, there may be certain restrictions and fees to consider. It is important to review the terms and conditions of both platforms to understand the specific requirements. Some common restrictions may include minimum transfer amounts, specific cryptocurrencies that can be transferred, and potential limitations on the frequency of transfers. As for fees, they can vary depending on the platforms and the type of transfer. It is advisable to check with both Robinhood and Fidelity to get accurate information on any associated fees.
  • avatarDec 19, 2021 · 3 years ago
    Transferring digital currencies from Robinhood to Fidelity may come with certain restrictions and fees. These restrictions could include limitations on the types of cryptocurrencies that can be transferred or minimum transfer amounts. Additionally, there may be fees associated with the transfer, such as network fees or transaction fees. It is recommended to review the terms and conditions of both platforms and contact their customer support for detailed information on any restrictions or fees before initiating a transfer.
  • avatarDec 19, 2021 · 3 years ago
    When transferring digital currencies from Robinhood to Fidelity, it is important to note that Fidelity does not currently support direct transfers from Robinhood. However, you can still transfer your digital currencies by first withdrawing them from Robinhood to an external wallet, and then depositing them into your Fidelity account. It is advisable to check with Fidelity for any potential fees associated with depositing digital currencies into their platform. Please note that this answer is provided from a third-party perspective and does not represent the official stance of BYDFi.