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Are there any fees associated with using Robinhood debit card for trading cryptocurrencies?

avatarSagnik ChakrabortyDec 18, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when using the Robinhood debit card for trading cryptocurrencies? I'm interested in knowing if there are any charges or costs associated with this particular payment method.

Are there any fees associated with using Robinhood debit card for trading cryptocurrencies?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with using the Robinhood debit card for trading cryptocurrencies. When you use the debit card to buy or sell cryptocurrencies on Robinhood, you may be subject to transaction fees. These fees can vary depending on the specific transaction and the amount involved. It's important to review the fee schedule provided by Robinhood to understand the exact charges you may incur.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! When you use the Robinhood debit card for trading cryptocurrencies, there are fees involved. Robinhood charges transaction fees for buying and selling cryptocurrencies using their platform. The fees can vary depending on the size of the transaction and the specific cryptocurrency being traded. It's always a good idea to check the fee schedule on Robinhood's website to get the most up-to-date information on the fees associated with using their debit card for cryptocurrency trading.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with using the Robinhood debit card for trading cryptocurrencies. However, it's important to note that these fees are not set by Robinhood itself, but rather by the payment processor or bank that issued the debit card. The fees can vary depending on the specific card and the terms and conditions set by the issuer. It's recommended to check with your bank or the payment processor to get a clear understanding of the fees involved before using the Robinhood debit card for cryptocurrency trading.