Cryptocurrency Q&A
Does Robinhood charge fees for crypto?
Does Robinhood charge fees for crypto?
TopazRider
Thu Sep 05 2024
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7 answers
1528
Excuse me, I was wondering if you could clarify something for me regarding Robinhood and cryptocurrency. I've been hearing mixed messages about whether or not they charge fees for crypto transactions. Could you please shed some light on this matter? I'm specifically interested in knowing if there are any hidden fees or costs associated with buying and selling digital currencies on Robinhood's platform. Thank you in advance for your help.
7 answers
CryptoPioneer
Sat Sep 07 2024
Robinhood Crypto stands out in the cryptocurrency trading arena by offering a unique fee structure.
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Giulia
Fri Sep 06 2024
Unlike many of its competitors, Robinhood Crypto does not levy any commission fees on its users for executing trades in cryptocurrencies.
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MichaelSmith
Fri Sep 06 2024
For instance, for every $100 of notional value traded through Robinhood Crypto, the platform receives $0.45 in rebates from its trading venues.
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DondaejiDelightfulCharmingSmile
Fri Sep 06 2024
This is a significant advantage for traders, as it allows them to keep more of their profits and reduces the overall cost of trading.
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isabella_bailey_economist
Fri Sep 06 2024
This fee structure allows Robinhood Crypto to offer commission-free trading while still maintaining a sustainable business model.
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