What are the fees involved in transferring cryptocurrencies with the Robinhood crypto wallet?

3 answers

• Dec 16, 2021 · 3 years ago
  When it comes to transferring cryptocurrencies using the Robinhood crypto wallet, there are a few fees to keep in mind. First and foremost, Robinhood does not charge any fees for transferring cryptocurrencies to other Robinhood accounts. However, if you want to transfer cryptocurrencies to an external wallet, there might be network fees involved. These network fees are determined by the blockchain network and can vary depending on the type of cryptocurrency being transferred and the current network congestion. It's important to note that Robinhood itself does not charge any additional fees for these transfers.
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• Dec 16, 2021 · 3 years ago
  Transferring cryptocurrencies with the Robinhood crypto wallet is generally fee-free within the Robinhood ecosystem. However, when you transfer cryptocurrencies to an external wallet, you may encounter network fees. These fees are not set by Robinhood but are determined by the blockchain network. The fees can vary based on the cryptocurrency being transferred and the current network congestion. It's always a good idea to check the network fees before initiating a transfer to an external wallet to ensure you are aware of any potential costs.
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• Dec 16, 2021 · 3 years ago
  When it comes to transferring cryptocurrencies with the Robinhood crypto wallet, there are no fees charged by Robinhood itself. However, it's important to note that network fees may apply when transferring cryptocurrencies to an external wallet. These network fees are determined by the blockchain network and can vary depending on factors such as the type of cryptocurrency being transferred and the current network congestion. It's always a good idea to check the current network fees before initiating a transfer to ensure you have an accurate understanding of any potential costs involved.
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