What are the trading limits for digital currencies on Robinhood?

3 answers

• Tejas LondheApr 24, 2022 · 3 years ago
  Sure! When it comes to trading digital currencies on Robinhood, there are some limits to be aware of. For standard accounts, the maximum amount you can trade in a single day is $50,000. However, if you have a Robinhood Gold account, you can trade up to $100,000 per day. It's important to note that these limits apply to both buying and selling digital currencies. Additionally, Robinhood may also impose restrictions on certain cryptocurrencies based on market conditions or regulatory requirements. As for fees, Robinhood does not charge any commission fees for trading digital currencies. However, there may be fees associated with specific transactions, such as cryptocurrency transfers or conversions. It's always a good idea to review the latest information on Robinhood's website or contact their customer support for the most accurate and up-to-date details.
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• Jawad YTSep 02, 2024 · a year ago
  The trading limits for digital currencies on Robinhood depend on the type of account you have. For standard accounts, the maximum amount you can trade in a single day is $50,000. However, if you upgrade to a Robinhood Gold account, you can access higher trading limits of up to $100,000 per day. It's important to keep in mind that these limits apply to both buying and selling digital currencies. Additionally, Robinhood may have restrictions on certain cryptocurrencies due to market conditions or regulatory requirements. As for fees, Robinhood does not charge any commission fees for trading digital currencies. However, there may be fees associated with specific transactions, such as cryptocurrency transfers or conversions. It's always a good idea to check Robinhood's website or contact their customer support for the most accurate and up-to-date information.
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• Nurjahan BagumJul 27, 2020 · 5 years ago
  As an expert in the field, I can tell you that the trading limits for digital currencies on Robinhood are quite reasonable. For standard accounts, the maximum amount you can trade in a single day is $50,000. However, if you upgrade to a Robinhood Gold account, you can enjoy higher trading limits of up to $100,000 per day. These limits apply to both buying and selling digital currencies. It's worth noting that Robinhood may impose restrictions on certain cryptocurrencies based on market conditions or regulatory requirements. In terms of fees, Robinhood does not charge any commission fees for trading digital currencies. However, there may be fees associated with specific transactions, such as cryptocurrency transfers or conversions. To get the most accurate and up-to-date information, I recommend visiting Robinhood's website or reaching out to their customer support.
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