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Is there a fee for transferring crypto from Robinhood to Coinbase?

avatarkhan akilDec 17, 2021 · 3 years ago3 answers

I'm planning to transfer my cryptocurrency from Robinhood to Coinbase. I'm wondering if there is any fee associated with this transfer. Can anyone provide some insights on the fees for transferring crypto between these two platforms?

Is there a fee for transferring crypto from Robinhood to Coinbase?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there is a fee for transferring crypto from Robinhood to Coinbase. Robinhood charges a fee of 0.0003 BTC per transfer, while Coinbase charges a network fee that varies based on the current network congestion. It's recommended to check the fee schedule on both platforms before initiating the transfer to have a clear understanding of the costs involved.
  • avatarDec 17, 2021 · 3 years ago
    Transferring crypto from Robinhood to Coinbase does come with a fee. Robinhood charges a fixed fee of 0.0003 BTC, while Coinbase's fee depends on the network congestion. Keep in mind that fees may change over time, so it's always a good idea to check the latest fee information on both platforms before making the transfer.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to transferring crypto from Robinhood to Coinbase, there are indeed fees involved. Robinhood charges a fixed fee of 0.0003 BTC per transfer, while Coinbase applies a network fee that varies depending on the current network conditions. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers fee-free transfers from Robinhood to Coinbase. So, if you're looking to avoid fees, you might consider using BYDFi as an intermediary for your transfer.