What is the fee structure for trading cryptocurrencies on Robinhood?

3 answers

• Dec 18, 2021 · 3 years ago
  Sure! When it comes to trading cryptocurrencies on Robinhood, there are no commission fees. That's right, you can buy and sell cryptocurrencies without paying any trading fees. However, it's important to note that Robinhood makes money through other means, such as interest on cash and cryptocurrencies held in customer accounts, as well as selling order flow to market makers. So while you won't be charged any direct trading fees, there may still be some indirect costs involved.
  481241
• Dec 18, 2021 · 3 years ago
  The fee structure for trading cryptocurrencies on Robinhood is quite straightforward. As mentioned earlier, there are no commission fees for buying or selling cryptocurrencies. This means that you can trade as frequently as you like without incurring any additional charges. However, it's worth noting that Robinhood may charge fees for certain activities, such as transferring cryptocurrencies to an external wallet or converting one cryptocurrency to another. These fees are usually minimal and can vary depending on the specific transaction.
  544182
• Dec 18, 2021 · 3 years ago
  When it comes to trading cryptocurrencies on Robinhood, you'll be pleased to know that there are no trading fees involved. That's right, you can buy and sell cryptocurrencies without worrying about any additional costs. Robinhood aims to make investing accessible to everyone, and their fee-free trading model is one way they achieve this. So whether you're a seasoned trader or just starting out, you can enjoy trading cryptocurrencies on Robinhood without having to pay any fees. It's a win-win situation for investors!
  521131