What are the fees associated with using Robinhood Connect for cryptocurrency transactions?

1 answers

• Dec 17, 2021 · 3 years ago
  When using Robinhood Connect for cryptocurrency transactions, you will encounter a few fees. Firstly, there is a trading fee of 0.2% for each transaction, whether you are buying or selling cryptocurrencies. Additionally, there may be network fees involved in transferring cryptocurrencies to and from your Robinhood account. These network fees are determined by the blockchain network and can vary depending on the current network congestion. It's worth noting that Robinhood does not charge any deposit or withdrawal fees for cryptocurrencies. However, there may be other fees applicable to your account type and usage, such as account maintenance fees or fees for using additional features. To get a complete understanding of the fees associated with Robinhood Connect, it's recommended to review their fee schedule.
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