No commission crypto investing | Robinhood (2024)

No commission crypto investing

Robinhood Crypto makes it easy and secure to learn and trade cryptocurrency.

No commission trading

Buy and sell crypto with no commission fees.

Start with as little as $1

Buy as little as $1 of crypto and grow your holdings over time. With the exception of Dogecoin, which has a minimum of 1 DOGE, there’s no need to buy or sell a full coin on Robinhood Crypto. For example, you can buy as little as 0.000001 BTC.

Instant deposits

If you have a Robinhood Instant account, you will typically get instant access to your funds up to $1,000 to trade cryptocurrency.

If you have a Robinhood Gold account, you typically have instant access to your funds up to your Gold tier amount, and any additional funds will land in your account after normal settlement times.

NOTE: Robinhood Crypto might limit access to instant deposits at any time. We’ll let you know if and when updates to instant deposit are available.

Secure and trusted platform

We protect your crypto with industry-leading security, with nearly all of your crypto held in cold storage. We don't lend it or leverage against it. We also perform regular audits.

Once you purchase crypto on Robinhood, Robinhood believes you are the legal owner of the crypto. You have all the rights and benefits of ownership, including the rights to appreciation and depreciation of the crypto.

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Which crypto are available on Robinhood Crypto?

Which crypto are available on Robinhood Crypto?

Robinhood Crypto supports buying, selling, and real-time market data for:

NOTE: Not all coins are available in every state and may be subject to regulatory approval in certain states.

*Not available for trading in New York**Not available for trading in New York or Texas

Robinhood Crypto also supports real-time market data only for:

In the future, we may add support for the ability to buy and sell other crypto through Robinhood Crypto. Availability of market data for individual crypto is not an indication of Robinhood Crypto’s plan to list any crypto.

Robinhood Crypto doesn’t support ICOs at this time.

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Which states have access to Robinhood Crypto?

Which states have access to Robinhood Crypto?

Robinhood Crypto is currently available in every US state and the District of Columbia, except for Hawaii and Nevada. We’re working hard to make Robinhood Crypto available in those states as soon as possible.

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Disclosures

Disclosures

Robinhood Financial LLC and Robinhood Crypto, LLC are wholly-owned subsidiaries of Robinhood Markets, Inc. Your brokerage account is with Robinhood Financial LLC and allows trading of equities and options, while crypto trading is done through an account with Robinhood Crypto, LLC. Cryptocurrencies offered by Robinhood Crypto, LLC are not securities and are not FDIC insured or protected by SIPC.

Crypto is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Crypto is sometimes exchanged for U.S. dollars or other currencies around the world, but they are generally not backed nor supported by any government or central bank. Their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies.

Purchasing crypto comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. In addition, crypto markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing.

Crypto trading can be extremely risky. Crypto trading may not generally be appropriate, particularly with funds drawn from retirement savings, student loans, mortgages, emergency funds, or funds set aside for other purposes. Crypto trading can lead to large and immediate financial losses. Under certain market conditions, you may find it difficult or impossible to liquidate a position quickly at a reasonable price. This can occur, for example, when the market for a particular crypto suddenly drops, or if trading is halted due to recent news events, unusual trading activity, or changes in the underlying crypto system.

Any information about Robinhood Crypto on any Robinhood website (including www.robinhood.com and blog.robinhood.com), the Robinhood platform, e-mails, or any other communications, are meant for informational purposes only and are not intended as an offer, solicitation, or advertisem*nt for Robinhood Crypto or any goods or services offered by Robinhood Crypto.

Reference No. 2695516

Still have questions? Contact Robinhood Support

No commission crypto investing | Robinhood (2024)

FAQs

How to trade crypto without commission? ›

Create an account with MEXC and trade futures with zero fees. Unlike other crypto exchanges, such as Binance and ByBit, where fees apply, no fees for maker orders will be palatable for many traders. Plenty of supported assets are offered on MEXC, with 2,268 coins and tokens available across 2,706 trading pairs.

What crypto platform has no fees? ›

Phemex, Crypto.com, Kucoin, Amplify, Shapeshift, Lykke, and Newton are the best zero-fee crypto exchanges. Amplify is suitable for P2P trading. One offers the fastest and secure transactions, while the other makes it commission-free. Crypto.com and Kucoin exchange provides a wide array of crypto assets.

Is Robinhood crypto commission free? ›

Robinhood Crypto does not charge commission fees for trading crypto. We do generate revenue through volume rebates from trading venues. For example, for every $100 of notional value for executed crypto orders, Robinhood receives $0.45 in rebates from its trading venues. *No commission on trades of crypto.

Is Robinhood zero commission? ›

Investing with a Robinhood investing account is commission free. We don't charge you fees to open or maintain your account.

Which crypto has 0 transaction fees? ›

1. Nano (NANO): Nano is a fee-less cryptocurrency that offers instant and scalable transactions. 2. IOTA (MIOTA): IOTA is a fee-less cryptocurrency that uses a unique technology called Tangle for its transactions.

How do I avoid fees when buying crypto? ›

By using Coinbase Pro, you can save on trading fees when buying cryptocurrencies. 2. Deposit funds via bank transfer: Coinbase charges higher fees for buying cryptocurrencies with a credit or debit card compared to bank transfers. By depositing funds via bank transfer, you can avoid these additional fees.

How do you make $100 a day trading cryptocurrency? ›

If you're new to crypto day trading, here's what you need to know to make money. The most effective way to make $100 a day with cryptocurrency is to invest approximately $1000 and monitor a 10% increase on a single pair. This approach is more realistic than investing $200 and tracking a 50% increase on the pair.

Is there a free crypto trading platform? ›

Lykke offers an all-in-one free crypto trading platform with zero trading fees and low buy-sell spreads.

Who has the cheapest crypto trading fees? ›

Kraken's professional-grade trading platform, Kraken Pro, is our pick for the best low-fee exchange because it charges some of the lowest fees in the crypto asset exchange landscape. It's also our top choice for experienced traders, as it offers advanced order types and supports margin and futures trading.

Is it better to buy crypto in Coinbase or Robinhood? ›

If you're interested in traditional and digital assets on a single platform, Robinhood might be the better choice. However, if you're interested in a crypto-focused portfolio with a wider range of currencies and advanced features, Coinbase is likely the better choice.

Does Fidelity crypto charge fees? ›

FDAS LLC and/or its Related Persons hold proprietary interests in bitcoin, ether and litecoin. Fidelity Digital Assets℠ charges a spread of 1% on the execution price of buy and sell transactions.

Why is Fidelity better than Robinhood? ›

Fidelity offers custodial accounts, as well as tax-advantaged retirement accounts. Robinhood doesn't offer custodial accounts, but it offers Roth IRAs and traditional IRAs, and it matches customer deposits 1%. If you're looking for the best broker for IRAs, both Fidelity and Robinhood are worth considering.

Which broker has zero-commission? ›

Free Equity Delivery Brokers
BrokerBrokerage (Delivery)Request Callback
ZerodhaRs 0 (Free)Open Account
Angel OneRs 0 (Free)Open Account
FyersRs 0 (Free)Open Account
Alice BlueRs 0 (Free)Open Account
6 more rows

How to invest without paying fees? ›

Simple Ways to Invest Without Fees
  1. Buy stocks and ETFs from zero-commission brokerage firms. ...
  2. Buy mutual funds through online brokerage firms. ...
  3. Buy commission-free ETFs through online brokerage firms. ...
  4. Buy mutual funds directly from fund companies. ...
  5. Buy stock and ETFs through special investing platforms.

Why is Webull better than Robinhood? ›

Like the overall platform, the mobile experience on Webull is more comprehensive than that of Robinhood. Beginning investors will be fine with the Robinhood mobile app, while those who delve into advanced technical stock and ETF trading, fundamental analysis, and options trading will prefer Webull.

Can I trade crypto with $100? ›

Yes, you can start trading cryptocurrency with $100.

Can you swap crypto without fees? ›

KuCoin Convert is a one-click platform where you can exchange your cryptos with 0 fees. It was created to be a more convenient way to exchange cryptos for beginners and users that don't require advanced trading settings and order types.

Can I trade crypto for free? ›

You should use Binance, Bybit, or Robinhood to trade cryptocurrency for free.

How can I trade without fees? ›

Robinhood provides free stock, options, ETF and cryptocurrency trades (but no bonds or mutual funds), and its account minimum is $0, too. Robinhood Gold offers a high interest rate on uninvested cash and low margin rates.

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