What are the ATM fees for buying and selling cryptocurrencies on Robinhood?
Hvid KristiansenJan 11, 2022 · 3 years ago7 answers
Can you provide information about the fees associated with buying and selling cryptocurrencies on the Robinhood platform? Specifically, I am interested in knowing the ATM fees.
7 answers
- Jan 11, 2022 · 3 years agoWhen it comes to buying and selling cryptocurrencies on Robinhood, there are no specific ATM fees. However, it's important to note that Robinhood charges a spread on the price of cryptocurrencies, which means that the buy and sell prices may differ slightly. This spread covers the costs associated with executing the trades and providing the service. So, while there are no direct ATM fees, you may experience a small difference between the buy and sell prices.
- Jan 11, 2022 · 3 years agoRobinhood doesn't charge any ATM fees for buying or selling cryptocurrencies. However, they do make money through the spread, which is the difference between the buy and sell prices. This spread allows Robinhood to cover their costs and provide the service to users. So, while there are no specific ATM fees, you may notice a slight difference between the buy and sell prices.
- Jan 11, 2022 · 3 years agoWhen it comes to buying and selling cryptocurrencies on Robinhood, the platform doesn't charge any ATM fees. Instead, they make money through the spread, which is the difference between the buy and sell prices. This spread covers the costs of executing the trades and providing the service. So, while there are no direct ATM fees, you may notice a small difference between the buy and sell prices on Robinhood. If you're looking for a platform that offers low fees, you might consider BYDFi, which is known for its competitive fee structure.
- Jan 11, 2022 · 3 years agoRobinhood doesn't charge any ATM fees for buying or selling cryptocurrencies. Instead, they make money through the spread, which is the difference between the buy and sell prices. This spread allows Robinhood to cover their costs and provide the service to users. So, while there are no specific ATM fees, you may notice a slight difference between the buy and sell prices on Robinhood. If you're interested in a platform with a different fee structure, you can explore other options like Binance or Coinbase, which are popular cryptocurrency exchanges.
- Jan 11, 2022 · 3 years agoWhen it comes to buying and selling cryptocurrencies on Robinhood, there are no specific ATM fees. However, Robinhood makes money through the spread, which is the difference between the buy and sell prices. This spread covers the costs of executing the trades and providing the service. So, while there are no direct ATM fees, you may notice a small difference between the buy and sell prices on Robinhood. If you're looking for a different fee structure, BYDFi is a platform that offers competitive fees and a user-friendly experience.
- Jan 11, 2022 · 3 years agoRobinhood doesn't charge any ATM fees for buying or selling cryptocurrencies. Instead, they make money through the spread, which is the difference between the buy and sell prices. This spread allows Robinhood to cover their costs and provide the service to users. So, while there are no specific ATM fees, you may notice a slight difference between the buy and sell prices on Robinhood. If you're interested in exploring other platforms, you can consider Binance or Coinbase, which are well-known cryptocurrency exchanges with different fee structures.
- Jan 11, 2022 · 3 years agoWhen it comes to buying and selling cryptocurrencies on Robinhood, there are no specific ATM fees. Instead, Robinhood makes money through the spread, which is the difference between the buy and sell prices. This spread covers the costs of executing the trades and providing the service. So, while there are no direct ATM fees, you may notice a small difference between the buy and sell prices on Robinhood. If you're looking for a platform with a different fee structure, you can explore other options like Binance or Coinbase, which are popular cryptocurrency exchanges.
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