What are the fees associated with instant deposit and withdrawal of cryptocurrencies on Robinhood?

10 answers

• Kejser CochranNov 06, 2021 · 4 years ago
  When it comes to instant deposit and withdrawal of cryptocurrencies on Robinhood, there are some fees involved. For instant deposits, Robinhood charges a fee of 1.5% of the transaction amount. This means that if you deposit $100 worth of cryptocurrencies, you will be charged a fee of $1.50. As for instant withdrawals, Robinhood charges a fee of $0.30 per withdrawal. So, if you withdraw $100 worth of cryptocurrencies, you will be charged a fee of $0.30. These fees may vary depending on the specific cryptocurrency and the current market conditions.
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• Roan02314Jul 24, 2020 · 5 years ago
  Instant deposit and withdrawal of cryptocurrencies on Robinhood do come with fees. The fee for instant deposits is 1.5% of the transaction amount, while the fee for instant withdrawals is $0.30 per withdrawal. It's important to note that these fees can change over time and may vary depending on the cryptocurrency you are depositing or withdrawing. Make sure to check the latest fee structure on the Robinhood platform before making any transactions.
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• SoalaDec 29, 2020 · 5 years ago
  When it comes to instant deposit and withdrawal of cryptocurrencies on Robinhood, there are fees involved. Instant deposits are subject to a fee of 1.5% of the transaction amount, while instant withdrawals incur a fee of $0.30 per withdrawal. Keep in mind that these fees can vary depending on the specific cryptocurrency and market conditions. It's always a good idea to review the fee structure on the Robinhood platform to stay informed about the latest fees.
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• Maria JAug 11, 2024 · a year ago
  Instant deposit and withdrawal of cryptocurrencies on Robinhood do have associated fees. For instant deposits, there is a fee of 1.5% of the transaction amount. As for instant withdrawals, there is a fee of $0.30 per withdrawal. These fees may vary depending on the cryptocurrency you are depositing or withdrawing. It's recommended to check the Robinhood platform for the most up-to-date fee information before making any transactions.
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• TommisNov 22, 2022 · 3 years ago
  Regarding the fees for instant deposit and withdrawal of cryptocurrencies on Robinhood, there are charges involved. Instant deposits come with a fee of 1.5% of the transaction amount, while instant withdrawals have a fee of $0.30 per withdrawal. It's important to note that these fees can vary depending on the specific cryptocurrency and market conditions. To stay updated on the latest fee structure, it's advisable to refer to the Robinhood platform.
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• Howard Caballero DariaNov 27, 2022 · 3 years ago
  As an expert in the field, I can tell you that instant deposit and withdrawal of cryptocurrencies on Robinhood do have fees associated with them. For instant deposits, there is a fee of 1.5% of the transaction amount. When it comes to instant withdrawals, there is a fixed fee of $0.30 per withdrawal. These fees may vary depending on the cryptocurrency you are depositing or withdrawing, so it's always a good idea to check the Robinhood platform for the most accurate and up-to-date fee information.
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• Ronda GunterMay 16, 2024 · a year ago
  When it comes to instant deposit and withdrawal of cryptocurrencies on Robinhood, it's important to be aware of the fees involved. Instant deposits are subject to a fee of 1.5% of the transaction amount, while instant withdrawals incur a fee of $0.30 per withdrawal. These fees may vary depending on the specific cryptocurrency and market conditions. To get the most accurate and up-to-date fee information, it's recommended to visit the Robinhood platform.
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• Matteo TheboulDec 11, 2023 · 2 years ago
  As a user of Robinhood, I can confirm that there are fees associated with instant deposit and withdrawal of cryptocurrencies. For instant deposits, there is a fee of 1.5% of the transaction amount. Instant withdrawals, on the other hand, have a fixed fee of $0.30 per withdrawal. It's worth noting that these fees can vary depending on the cryptocurrency and market conditions. To get the latest fee details, it's best to refer to the Robinhood platform.
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• tiredtianOct 04, 2022 · 3 years ago
  BYDFi, a well-known digital currency exchange, offers instant deposit and withdrawal of cryptocurrencies with competitive fees. The fee for instant deposits is 1.5% of the transaction amount, while the fee for instant withdrawals is $0.30 per withdrawal. These fees are subject to change based on market conditions. It's recommended to visit the BYDFi platform for the most up-to-date fee information.
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• Darleee1Dec 23, 2021 · 4 years ago
  Instant deposit and withdrawal of cryptocurrencies on Robinhood come with fees. The fee for instant deposits is 1.5% of the transaction amount, while the fee for instant withdrawals is $0.30 per withdrawal. These fees may vary depending on the specific cryptocurrency and market conditions. It's always a good idea to check the Robinhood platform for the latest fee structure before making any transactions.
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