What are the fees associated with buying and selling cryptocurrencies on Cash App and Robinhood?

7 answers

• Dec 18, 2021 · 3 years ago
  Sure! When it comes to buying and selling cryptocurrencies on Cash App and Robinhood, there are a few fees you should be aware of. Cash App charges a fee of 1.75% for each transaction, which is relatively low compared to other platforms. However, it's worth noting that Cash App may also charge additional fees for instant transfers or for converting between different cryptocurrencies. On the other hand, Robinhood offers commission-free trading for cryptocurrencies, which means you won't be charged any fees for buying or selling. However, Robinhood makes money through a process called payment for order flow, where they receive compensation for directing orders to market makers. This means that the price you see on Robinhood may not be the exact market price, as they may receive a slightly worse execution price. Overall, both Cash App and Robinhood offer competitive fee structures, but it's important to consider the additional fees and potential differences in execution prices when making your decision.
  1015508
• Dec 18, 2021 · 3 years ago
  Buying and selling cryptocurrencies on Cash App and Robinhood comes with its own set of fees. Cash App charges a 1.75% fee for each transaction, which is relatively low compared to other platforms. However, it's important to note that Cash App may also charge additional fees for instant transfers or for converting between different cryptocurrencies. On the other hand, Robinhood offers commission-free trading for cryptocurrencies, meaning you won't be charged any fees for buying or selling. However, it's worth mentioning that Robinhood makes money through payment for order flow, which means they may receive compensation for directing orders to market makers. This could potentially result in a slightly worse execution price for you. So, while both Cash App and Robinhood have their own fee structures, it's crucial to consider the additional fees and potential differences in execution prices before making any trades.
  926309
• Dec 18, 2021 · 3 years ago
  When it comes to buying and selling cryptocurrencies on Cash App and Robinhood, the fees can vary. Cash App charges a 1.75% fee for each transaction, which is relatively low compared to other platforms. However, it's important to keep in mind that Cash App may also charge additional fees for instant transfers or for converting between different cryptocurrencies. On the other hand, Robinhood offers commission-free trading for cryptocurrencies, meaning you won't be charged any fees for buying or selling. However, it's worth noting that Robinhood makes money through payment for order flow, which means they may receive compensation for directing orders to market makers. This could potentially result in a slightly worse execution price. So, it's essential to consider the fees and potential differences in execution prices before deciding which platform to use.
  866217
• Dec 18, 2021 · 3 years ago
  When it comes to buying and selling cryptocurrencies on Cash App and Robinhood, there are some fees involved. Cash App charges a fee of 1.75% for each transaction, which is relatively low compared to other platforms. However, it's important to be aware that Cash App may also charge additional fees for instant transfers or for converting between different cryptocurrencies. On the other hand, Robinhood offers commission-free trading for cryptocurrencies, meaning you won't be charged any fees for buying or selling. However, it's worth mentioning that Robinhood makes money through payment for order flow, which means they may receive compensation for directing orders to market makers. This could potentially result in a slightly worse execution price. So, before you start trading, make sure to consider the fees and potential differences in execution prices on both platforms.
  881177
• Dec 18, 2021 · 3 years ago
  Let me break down the fees associated with buying and selling cryptocurrencies on Cash App and Robinhood for you. Cash App charges a fee of 1.75% for each transaction, which is relatively low compared to other platforms. However, keep in mind that Cash App may also charge additional fees for instant transfers or for converting between different cryptocurrencies. On the other hand, Robinhood offers commission-free trading for cryptocurrencies, meaning you won't be charged any fees for buying or selling. But here's the catch - Robinhood makes money through payment for order flow, which means they may receive compensation for directing orders to market makers. This could potentially result in a slightly worse execution price. So, it's crucial to consider the fees and potential differences in execution prices before you jump into trading on either platform.
  865145
• Dec 18, 2021 · 3 years ago
  As an expert in the field, I can provide you with a detailed breakdown of the fees associated with buying and selling cryptocurrencies on Cash App and Robinhood. Cash App charges a fee of 1.75% for each transaction, which is relatively low compared to other platforms. However, it's important to note that Cash App may also charge additional fees for instant transfers or for converting between different cryptocurrencies. On the other hand, Robinhood offers commission-free trading for cryptocurrencies, meaning you won't be charged any fees for buying or selling. However, it's worth mentioning that Robinhood makes money through payment for order flow, which means they may receive compensation for directing orders to market makers. This could potentially result in a slightly worse execution price. So, before you start trading, make sure to consider the fees and potential differences in execution prices on both platforms.
  929133
• Dec 18, 2021 · 3 years ago
  When it comes to buying and selling cryptocurrencies on Cash App and Robinhood, you need to be aware of the fees involved. Cash App charges a fee of 1.75% for each transaction, which is relatively low compared to other platforms. However, it's important to keep in mind that Cash App may also charge additional fees for instant transfers or for converting between different cryptocurrencies. On the other hand, Robinhood offers commission-free trading for cryptocurrencies, meaning you won't be charged any fees for buying or selling. However, it's worth noting that Robinhood makes money through payment for order flow, which means they may receive compensation for directing orders to market makers. This could potentially result in a slightly worse execution price. So, it's crucial to consider the fees and potential differences in execution prices before you start trading on either platform.
  897113