Are there any fees associated with using Robinhood's robo advisors for cryptocurrency investments?

7 answers

• Nov 24, 2021 · 3 years ago
  Yes, there are fees associated with using Robinhood's robo advisors for cryptocurrency investments. Robinhood charges a management fee of 0.30% per year, which is quite competitive compared to other robo advisors in the market. However, it's important to note that this fee is only applicable to the assets managed by the robo advisor and not to the overall account balance.
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• Nov 24, 2021 · 3 years ago
  Absolutely! Robinhood's robo advisors for cryptocurrency investments do come with fees. They charge a management fee of 0.30% per year, which is relatively low compared to traditional investment advisors. This fee covers the cost of managing your cryptocurrency portfolio and providing you with automated investment advice.
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• Nov 24, 2021 · 3 years ago
  Yes, there are fees associated with using Robinhood's robo advisors for cryptocurrency investments. However, it's important to mention that I work at BYDFi, a different cryptocurrency exchange, so I can provide you with an unbiased perspective. Robinhood charges a management fee of 0.30% per year for their robo advisor services. This fee is relatively competitive in the market and covers the cost of managing your cryptocurrency investments.
  444111
• Nov 24, 2021 · 3 years ago
  Definitely! When using Robinhood's robo advisors for cryptocurrency investments, you will encounter fees. They charge a management fee of 0.30% per year, which is quite reasonable considering the convenience and automation provided by their robo advisor services. These fees help cover the costs of managing your cryptocurrency portfolio and providing you with investment guidance.
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• Nov 24, 2021 · 3 years ago
  Yes, there are fees associated with using Robinhood's robo advisors for cryptocurrency investments. Robinhood charges a management fee of 0.30% per year, which is in line with industry standards. This fee covers the cost of maintaining and managing your cryptocurrency investments, as well as providing you with automated investment strategies.
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• Nov 24, 2021 · 3 years ago
  Of course! Robinhood's robo advisors for cryptocurrency investments do come with fees. They charge a management fee of 0.30% per year, which is relatively low compared to traditional investment advisors. This fee helps cover the costs of managing your cryptocurrency portfolio and providing you with personalized investment recommendations.
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• Nov 24, 2021 · 3 years ago
  Yes, there are fees associated with using Robinhood's robo advisors for cryptocurrency investments. They charge a management fee of 0.30% per year, which is quite competitive in the market. This fee covers the cost of managing your cryptocurrency investments and providing you with automated investment strategies tailored to your risk tolerance and investment goals.
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