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Are there any discounts available for trading cryptocurrencies on Robinhood?

avatarmarwa gamalNov 25, 2021 · 3 years ago3 answers

I'm interested in trading cryptocurrencies on Robinhood and I was wondering if there are any discounts available. Are there any special promotions or reduced fees for trading cryptocurrencies on Robinhood?

Are there any discounts available for trading cryptocurrencies on Robinhood?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    Yes, Robinhood offers commission-free trading for cryptocurrencies. This means that you won't have to pay any fees when buying or selling cryptocurrencies on the platform. It's a great way to save money on your trades.
  • avatarNov 25, 2021 · 3 years ago
    Unfortunately, Robinhood doesn't currently offer any specific discounts for trading cryptocurrencies. However, the platform does provide commission-free trading, which can be considered a discount compared to other platforms that charge fees for cryptocurrency trades.
  • avatarNov 25, 2021 · 3 years ago
    While I can't speak for Robinhood, I know that BYDFi, another cryptocurrency exchange, offers discounts on trading fees for certain users. They have a tiered fee structure where the more you trade, the lower your fees become. It's worth checking out if you're looking for discounts on cryptocurrency trading.