What are the fees for trading digital currencies on Robin Hood?

3 answers

• Dec 17, 2021 · 3 years ago
  When it comes to trading digital currencies on Robin Hood, there are a few fees to keep in mind. First, there are no commission fees for buying or selling cryptocurrencies on the platform. This means that you can trade without worrying about paying any additional fees. However, Robin Hood does charge a spread, which is the difference between the bid and ask prices. This spread can vary depending on market conditions and the specific cryptocurrency you are trading. It's important to note that Robin Hood also charges a fee for instant deposits, which allows you to immediately use the funds you deposit. The fee for instant deposits is typically a percentage of the total deposit amount. Overall, while Robin Hood offers commission-free trading, there are still some fees to consider, such as the spread and instant deposit fee.
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• Dec 17, 2021 · 3 years ago
  Trading digital currencies on Robin Hood is a breeze when it comes to fees. Unlike many other platforms, Robin Hood offers commission-free trading, which means you won't have to worry about paying any additional fees when buying or selling cryptocurrencies. This can be a huge advantage for traders who want to keep their costs low. However, it's important to note that Robin Hood does charge a spread, which is the difference between the bid and ask prices. This spread can vary depending on market conditions and the specific cryptocurrency you are trading. Additionally, Robin Hood charges a fee for instant deposits, which allows you to immediately use the funds you deposit. The fee for instant deposits is typically a percentage of the total deposit amount. Overall, while Robin Hood offers commission-free trading, there are still some fees to consider, such as the spread and instant deposit fee.
  904302
• Dec 17, 2021 · 3 years ago
  When it comes to trading digital currencies on Robin Hood, you'll be pleased to know that the platform offers commission-free trading. This means that you won't have to worry about paying any additional fees when buying or selling cryptocurrencies. However, it's important to note that Robin Hood does charge a spread, which is the difference between the bid and ask prices. This spread can vary depending on market conditions and the specific cryptocurrency you are trading. Additionally, Robin Hood charges a fee for instant deposits, which allows you to immediately use the funds you deposit. The fee for instant deposits is typically a percentage of the total deposit amount. Overall, while Robin Hood offers commission-free trading, there are still some fees to consider, such as the spread and instant deposit fee.
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