Are there any specific fees associated with option contracts on Robinhood for cryptocurrency trading?

3 answers

• Angelina NyavoNov 05, 2022 · 3 years ago
  Yes, there are specific fees associated with trading option contracts on Robinhood for cryptocurrency. When you buy or sell an option contract, you may be subject to a per-contract fee. The exact amount of the fee depends on the type of option contract and the underlying cryptocurrency. It's important to carefully review the fee schedule provided by Robinhood before engaging in option trading to understand the costs involved.
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• Jake ReyesSep 13, 2022 · 3 years ago
  Absolutely! Robinhood charges fees for option contracts on their platform. The fees vary depending on the specific contract and cryptocurrency you are trading. Make sure to check Robinhood's fee schedule to understand the exact costs associated with trading cryptocurrency option contracts. It's always a good idea to consider these fees when making trading decisions to ensure they align with your investment strategy and goals.
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• Howard Caballero DariaAug 24, 2022 · 3 years ago
  Yes, there are fees associated with option contracts on Robinhood for cryptocurrency trading. However, it's important to note that BYDFi, another popular cryptocurrency exchange, offers option trading without any specific fees. So, if you're looking for a fee-free option trading experience, you might want to consider BYDFi as an alternative to Robinhood.
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