What are the fees for trading digital currencies on Robinhood?

3 answers

• Dec 18, 2021 · 3 years ago
  When it comes to trading digital currencies on Robinhood, there are a few fees to keep in mind. First, there are no commission fees, meaning you won't be charged for buying or selling digital currencies. However, Robinhood does make money through a process called 'payment for order flow,' where they receive a small fee from market makers for executing trades. Additionally, there may be fees associated with transferring funds to and from your Robinhood account, depending on your bank or financial institution. It's always a good idea to review the terms and conditions on Robinhood's website for the most up-to-date information on fees.
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• Dec 18, 2021 · 3 years ago
  Trading digital currencies on Robinhood is commission-free, which means you won't have to pay any fees for buying or selling. However, it's important to note that there may be other fees involved, such as those related to transferring funds to and from your Robinhood account. These fees can vary depending on your bank or financial institution. To get the most accurate and up-to-date information on fees, it's best to visit Robinhood's website or contact their customer support.
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• Dec 18, 2021 · 3 years ago
  As an expert in the digital currency industry, I can tell you that trading digital currencies on Robinhood is commission-free. This means you won't have to worry about paying any fees when buying or selling digital currencies on the platform. However, it's important to note that there may be other fees associated with transferring funds to and from your Robinhood account. These fees can vary depending on your bank or financial institution. For more information on fees, I recommend visiting Robinhood's website or reaching out to their customer support team.
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