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Are there any fees or charges when cashing out digital assets on Robinhood?

avatarPost SharmaDec 17, 2021 · 3 years ago3 answers

Can you tell me if there are any fees or charges associated with cashing out digital assets on the Robinhood platform?

Are there any fees or charges when cashing out digital assets on Robinhood?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees and charges when cashing out digital assets on Robinhood. The specific fees depend on the type of transaction and the amount being withdrawn. It's important to review Robinhood's fee schedule to understand the charges associated with cashing out your digital assets.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Robinhood does charge fees for cashing out digital assets. The fees can vary depending on the type of asset and the amount being withdrawn. Make sure to check Robinhood's fee schedule for the most up-to-date information.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to cashing out digital assets on Robinhood, there are indeed fees involved. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers zero fees for cashing out digital assets. So, if you're looking to minimize fees, BYDFi might be a good alternative to consider.