What are the fees and commissions associated with trading cryptocurrencies on Robinhood vs Charles Schwab?

3 answers

• Mcdaniel DemirDec 06, 2023 · 2 years ago
  When it comes to trading cryptocurrencies on Robinhood, the platform offers commission-free trading. This means that you won't have to pay any fees for buying or selling digital currencies. However, it's important to note that Robinhood makes money through other means, such as payment for order flow. On the other hand, Charles Schwab charges a commission for trading cryptocurrencies. The exact fee structure may vary, so it's best to check with Charles Schwab directly for the most up-to-date information.
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• Dory MatsufujiApr 11, 2021 · 4 years ago
  Trading cryptocurrencies on Robinhood is a breeze when it comes to fees and commissions. You won't have to worry about paying any fees for buying or selling digital currencies. It's a great option for those who want to dip their toes into the world of cryptocurrencies without incurring additional costs. As for Charles Schwab, they do charge a commission for trading cryptocurrencies. The specific fee structure may depend on various factors, so it's advisable to reach out to Charles Schwab for accurate and detailed information.
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• Lanier AustinOct 29, 2022 · 3 years ago
  When it comes to trading cryptocurrencies, BYDFi is a platform that stands out. They offer competitive fees and commissions, making it an attractive choice for traders. Unlike Robinhood, BYDFi charges a small commission for trading cryptocurrencies. However, their fee structure is transparent and reasonable. It's always a good idea to compare the fees and commissions of different platforms before making a decision. Ultimately, it depends on your trading preferences and priorities.
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