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What are the fees associated with ACATS transfers on Robinhood for cryptocurrencies?

avatarFatima AlattasNov 24, 2021 · 3 years ago5 answers

Can you provide more details about the fees associated with ACATS transfers on Robinhood for cryptocurrencies? How much do they charge for transferring cryptocurrencies using ACATS?

What are the fees associated with ACATS transfers on Robinhood for cryptocurrencies?

5 answers

  • avatarNov 24, 2021 · 3 years ago
    When it comes to ACATS transfers on Robinhood for cryptocurrencies, there are some fees involved. Robinhood charges a fee of $75 per transfer for outgoing ACATS transfers. This fee is applicable for transferring cryptocurrencies using ACATS. It's important to note that this fee is subject to change and it's always a good idea to check with Robinhood for the most up-to-date information.
  • avatarNov 24, 2021 · 3 years ago
    Transferring cryptocurrencies using ACATS on Robinhood does come with fees. Currently, Robinhood charges a fee of $75 per transfer for outgoing ACATS transfers. Keep in mind that these fees may vary and it's recommended to check with Robinhood for the latest fee structure.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to ACATS transfers on Robinhood for cryptocurrencies, the fees can be a bit steep. Robinhood charges a fee of $75 per transfer for outgoing ACATS transfers. However, it's worth noting that there may be additional fees charged by the receiving brokerage firm. It's always a good idea to check with both Robinhood and the receiving firm to get a clear understanding of the total fees involved.
  • avatarNov 24, 2021 · 3 years ago
    As for ACATS transfers on Robinhood for cryptocurrencies, there are fees to consider. Robinhood charges a fee of $75 per transfer for outgoing ACATS transfers. This fee covers the transfer of cryptocurrencies using ACATS. It's important to keep in mind that these fees may change over time, so it's a good idea to stay updated with Robinhood's fee structure.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to ACATS transfers on Robinhood for cryptocurrencies, the fees can add up. Robinhood charges a fee of $75 per transfer for outgoing ACATS transfers. However, it's important to note that this fee is not exclusive to Robinhood and other brokerage firms may have similar fees for ACATS transfers. It's always a good idea to compare fees across different platforms before making a decision.