Does Robinhood charge any fees for buying and selling cryptocurrencies?

3 answers

• Dec 17, 2021 · 3 years ago
  Yes, Robinhood does charge fees for buying and selling cryptocurrencies. When you place a cryptocurrency order, Robinhood charges a small fee known as a spread. The spread is the difference between the bid and ask prices and it helps Robinhood cover its operational costs. However, Robinhood does not charge any commission fees or transaction fees for cryptocurrency trades. So, while there is a spread, there are no additional charges for buying and selling cryptocurrencies on Robinhood.
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• Dec 17, 2021 · 3 years ago
  Absolutely! Robinhood charges a small fee called a spread for buying and selling cryptocurrencies. The spread is the difference between the buy and sell prices and it helps Robinhood cover its expenses. However, Robinhood does not charge any commission fees or transaction fees for cryptocurrency trades. So, you can buy and sell cryptocurrencies on Robinhood without worrying about any extra charges.
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• Dec 17, 2021 · 3 years ago
  Yes, Robinhood does charge fees for buying and selling cryptocurrencies. However, it's important to note that these fees are relatively low compared to other platforms. Robinhood charges a small spread fee, which is the difference between the bid and ask prices. This fee helps Robinhood cover its operational costs. But don't worry, there are no additional commission fees or transaction fees for cryptocurrency trades on Robinhood. So, you can trade cryptocurrencies without worrying about high fees.
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