What are the fees associated with using a Robinhood cash card for trading digital assets?
![avatar](https://download.bydfi.com/api-pic/images/avatars/0akTd.jpg)
Can you please provide a detailed description of the fees associated with using a Robinhood cash card for trading digital assets? I would like to know the costs involved before using this service.
![What are the fees associated with using a Robinhood cash card for trading digital assets?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/e1/0fdde80ea33dacbf91ba6adcee0fee83a2a960.jpg)
3 answers
- Sure! When using a Robinhood cash card for trading digital assets, there are a few fees to keep in mind. First, there is a fee of $5 per month for the cash management service. This fee covers the cost of providing the cash card and access to the associated features. Additionally, there may be fees for ATM withdrawals, which can vary depending on the ATM operator. It's important to note that these fees are separate from any fees associated with trading digital assets on the Robinhood platform. It's always a good idea to review the fee schedule provided by Robinhood for the most up-to-date information.
Feb 17, 2022 · 3 years ago
- The fees associated with using a Robinhood cash card for trading digital assets include a monthly fee of $5 for the cash management service. This fee covers the cost of providing the cash card and access to the associated features. In addition, there may be fees for ATM withdrawals, which can vary depending on the ATM operator. It's important to be aware of these fees before using the cash card for trading digital assets.
Feb 17, 2022 · 3 years ago
- When using a Robinhood cash card for trading digital assets, there is a monthly fee of $5 for the cash management service. This fee covers the cost of providing the cash card and access to the associated features. It's important to note that this fee is separate from any fees associated with trading digital assets on the Robinhood platform. Additionally, there may be fees for ATM withdrawals, which can vary depending on the ATM operator. It's always a good idea to review the fee schedule provided by Robinhood to understand the full cost of using the cash card for trading digital assets.
Feb 17, 2022 · 3 years ago
Related Tags
Hot Questions
- 91
What is the future of blockchain technology?
- 71
What are the tax implications of using cryptocurrency?
- 71
Are there any special tax rules for crypto investors?
- 55
What are the best digital currencies to invest in right now?
- 53
How can I buy Bitcoin with a credit card?
- 51
What are the advantages of using cryptocurrency for online transactions?
- 32
How can I minimize my tax liability when dealing with cryptocurrencies?
- 6
How does cryptocurrency affect my tax return?