Are there any fees associated with using Robinhood's ACAT for cryptocurrency transactions?

5 answers

• Nov 25, 2021 · 3 years ago
  Yes, there are fees associated with using Robinhood's ACAT for cryptocurrency transactions. When you transfer your cryptocurrency assets from another brokerage to Robinhood using ACAT, you may be charged a fee by the sending brokerage. Additionally, Robinhood may charge a fee for the ACAT transfer itself. It's important to review Robinhood's fee schedule and terms of service to understand the specific fees involved.
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• Nov 25, 2021 · 3 years ago
  Absolutely! When you use Robinhood's ACAT for cryptocurrency transactions, there may be fees involved. These fees can vary depending on the sending brokerage and Robinhood's own fee structure. It's always a good idea to check the fee schedule and terms of service to get a clear understanding of the costs associated with ACAT transfers.
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• Nov 25, 2021 · 3 years ago
  Yes, there may be fees associated with using Robinhood's ACAT for cryptocurrency transactions. However, it's important to note that I work for BYDFi, a different cryptocurrency exchange, and I cannot provide specific details about Robinhood's fee structure. I recommend visiting Robinhood's website or contacting their customer support for accurate and up-to-date information on fees.
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• Nov 25, 2021 · 3 years ago
  Using Robinhood's ACAT for cryptocurrency transactions may involve fees. It's crucial to review Robinhood's terms of service and fee schedule to understand the exact costs. Keep in mind that different brokerages may have different fee structures, so it's worth comparing fees across multiple platforms before making a decision.
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• Nov 25, 2021 · 3 years ago
  Yes, there are fees associated with using Robinhood's ACAT for cryptocurrency transactions. These fees can include charges from the sending brokerage as well as Robinhood's own fees for the ACAT transfer. It's important to consider these costs when deciding whether to use Robinhood's ACAT service for your cryptocurrency transactions.
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