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Do I need to pay any additional fees for using the Robinhood debit card for international cryptocurrency purchases?

avatarMcGuire ChristieDec 15, 2021 · 3 years ago3 answers

When using the Robinhood debit card for international cryptocurrency purchases, do I have to pay any extra fees apart from the regular transaction fees?

Do I need to pay any additional fees for using the Robinhood debit card for international cryptocurrency purchases?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, when using the Robinhood debit card for international cryptocurrency purchases, you may be subject to additional fees. These fees can include foreign transaction fees imposed by your bank or card issuer, as well as any fees charged by the cryptocurrency exchange you are using. It is important to check with your bank and the specific cryptocurrency exchange for their fee structures before making international cryptocurrency purchases.
  • avatarDec 15, 2021 · 3 years ago
    No, you do not need to pay any additional fees for using the Robinhood debit card for international cryptocurrency purchases. Robinhood covers the foreign transaction fees and does not charge any additional fees for these transactions. However, keep in mind that there may still be fees imposed by the cryptocurrency exchange you are using, so it is always a good idea to check their fee structures beforehand.
  • avatarDec 15, 2021 · 3 years ago
    When using the Robinhood debit card for international cryptocurrency purchases, you may encounter additional fees. These fees can vary depending on your bank or card issuer, as well as the cryptocurrency exchange you are using. It is recommended to review the terms and conditions of your debit card and contact your bank for more information on any potential fees. Additionally, each cryptocurrency exchange may have its own fee structure, so it is advisable to check their website or contact their customer support for details on any fees associated with international cryptocurrency purchases.