What are the fees and commissions associated with investing in cryptocurrencies on Chase and Robinhood?

4 answers

• qiye LINov 21, 2021 · 4 years ago
  When it comes to investing in cryptocurrencies on Chase and Robinhood, you should be aware of the fees and commissions involved. Both platforms offer commission-free trading for cryptocurrencies, which means you won't be charged any fees for buying or selling. However, it's important to note that Chase and Robinhood make money through other means, such as interest on cash balances and order flow payments. So while you may not be directly charged fees for trading cryptocurrencies, there might be indirect costs associated with using these platforms.
  553

  277
• mitch_danielDec 13, 2023 · 2 years ago
  Investing in cryptocurrencies on Chase and Robinhood comes with its own set of fees and commissions. The good news is that both platforms offer commission-free trading for cryptocurrencies, so you won't have to worry about paying any fees when buying or selling. However, it's important to keep in mind that there might be other costs involved, such as spreads and exchange rate differences. Additionally, if you decide to transfer your cryptocurrencies to an external wallet or another exchange, there might be network fees or withdrawal fees that you need to consider. It's always a good idea to carefully review the terms and conditions of each platform to understand the full cost structure.
  695

  232
• josJul 14, 2023 · 2 years ago
  When it comes to investing in cryptocurrencies on Chase and Robinhood, you'll be glad to know that both platforms offer commission-free trading. That means you won't have to pay any fees when buying or selling cryptocurrencies. However, it's important to note that there might be other costs involved, such as spreads and exchange rate differences. Additionally, if you decide to transfer your cryptocurrencies to another wallet or exchange, there might be network fees or withdrawal fees that you need to take into account. It's always a good idea to compare the fees and costs of different platforms before making a decision.
  627

  157
• Malasamudram suhela ThasleemSep 12, 2024 · 10 months ago
  As a representative of BYDFi, I can tell you that when it comes to investing in cryptocurrencies on Chase and Robinhood, both platforms offer commission-free trading. This means that you won't have to pay any fees when buying or selling cryptocurrencies. However, it's important to keep in mind that there might be other costs involved, such as spreads and exchange rate differences. Additionally, if you decide to transfer your cryptocurrencies to another wallet or exchange, there might be network fees or withdrawal fees that you need to consider. It's always a good idea to carefully review the terms and conditions of each platform to understand the full cost structure.
  675

  135