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How much does Robinhood charge for using their ATMs to withdraw cryptocurrencies?

avatarAddy SteveDec 19, 2021 · 3 years ago3 answers

Can you provide more information on the fees charged by Robinhood for using their ATMs to withdraw cryptocurrencies? I'm interested in knowing the specific charges and if there are any additional fees involved.

How much does Robinhood charge for using their ATMs to withdraw cryptocurrencies?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Sure! Robinhood charges a fee of $2.50 for each cryptocurrency withdrawal made through their ATMs. This fee is in addition to any fees charged by the ATM operator. It's important to note that the ATM operator may also charge their own fees, which can vary depending on the location and specific ATM used. So, it's a good idea to check with the ATM operator for their fee structure as well.
  • avatarDec 19, 2021 · 3 years ago
    When using Robinhood's ATMs to withdraw cryptocurrencies, you can expect to be charged a fee of $2.50 per transaction. This fee covers the cost of processing the withdrawal and maintaining the ATM network. Keep in mind that additional fees may apply if you use an ATM that is not in the Robinhood network. It's always a good idea to review the fee schedule and terms of service provided by Robinhood for the most up-to-date information.
  • avatarDec 19, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a competitive fee structure for using their ATMs to withdraw cryptocurrencies. The exact fees charged by BYDFi may vary depending on the specific cryptocurrency and transaction amount. It's recommended to visit the BYDFi website or contact their customer support for detailed information on their ATM withdrawal fees. Additionally, it's important to consider any fees charged by the ATM operator, as these may vary and could impact the overall cost of the transaction.