No commission crypto trading | Robinhood (2024)

No commission crypto trading

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

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 crypto.

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.

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’re 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.

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:

  • Aave (AAVE)
  • Avalanche (AVAX)
  • Bitcoin (BTC)
  • Bitcoin Cash (BCH)
  • Chainlink (LINK)
  • Compound (COMP)
  • Dogecoin (DOGE)
  • Ethereum (ETH)
  • Ethereum Classic (ETC)
  • Litecoin (LTC)
  • Shiba Inu (SHIB)
  • Stellar Lumens (XLM)*
  • Tezos (XTZ)*
  • Uniswap (UNI)*
  • USD Coin (USDC)**

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:

  • 0x (ZRX)
  • Algorand (ALGO)
  • Apecoin (APE)
  • Axie Infinity (AXS)
  • Balancer (BAL)
  • Basic Attention Token (BAT)
  • Binance Coin (BNB)
  • Binance USD (BUSD)
  • Bitcoin Gold (BTG)
  • Bitcoin SV (BSV)
  • Cardano (ADA)
  • Celo (CELO)
  • Cosmos (ATOM)
  • Crypto.com (CRO)
  • Curve (CRV)
  • Dai (DAI)
  • Dash (DASH)
  • Decentraland (MANA)
  • Decred (DCR)
  • DefiChain (DFI)
  • Enjin (ENJ)
  • Fantom (FTM)
  • Filecoin (FIL)
  • Flow (FLOW)
  • Frax (FRAX)
  • FTX Token (FTT)
  • Gemini Dollar (GUSD)
  • Hedera (HBAR)
  • Helium (HNT)
  • Internet Computer (ICP)
  • Iota (MIOTA)
  • Lisk (LSK)
  • Maker (MKR)
  • Monero (XMR)
  • Near (NEAR)
  • Nem (XEM)
  • NEO (NEO)
  • OmiseGO (OMG)
  • Pancake Swap (CAKE)
  • Pax Gold (PAXG)
  • Pax USD (USDP)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Solana (SOL)
  • Qtum (QTUM)
  • Rarible (RARI)
  • Ripple (XRP)
  • Sandbox (SAND)
  • Stacks (STX)
  • Stepn (GMT)
  • Tether (USDT)
  • The Graph (GRT)
  • Thor Chain (RUNE)
  • Tron (TRX)
  • True USD (TUSD)
  • Vechain (VET)
  • Waves (WAVES)
  • Wrapped Bitcoin (wBTC)
  • Wrapped Ether (wETH)
  • Yearn Finance (YFI)
  • Zcash (ZEC)

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 isn't an indication of Robinhood Crypto’s plan to list any crypto.

Robinhood Crypto doesn’t support ICOs at this time.

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.

Disclosures

Disclosures

Cryptocurrency trading services are offered through an account with Robinhood Crypto, LLC (NMLS ID 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services and is a subsidiary of Robinhood Markets, Inc. (Robinhood). Our list of licenses has more information.

Cryptocurrencies offered by Robinhood Crypto, LLC aren't securities and aren't 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 doesn't have legal tender status. Crypto is sometimes exchanged for U.S. dollars or other currencies around the world, but they're generally not backed nor supported by any government or central bank. Their value is completely derived by market forces of supply and demand, and 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 aren't 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, email, or any other communications, are meant for informational purposes only and aren't intended as an offer, solicitation, or advertisem*nt for Robinhood Crypto or any goods or services offered by Robinhood Crypto.

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No commission crypto trading | Robinhood (2024)

FAQs

How to trade crypto without commission? ›

  1. MEXC. MEXC offers zero fees for spot trading (both maker and taker) and futures trading (maker only). ...
  2. Bybit. Bybit lets you trade digital assets in various markets, such as spots, futures, options, and NFTs. ...
  3. Gate.io. ...
  4. Kucoin. ...
  5. Binance. ...
  6. Crypto.com. ...
  7. Phemex. ...
  8. Kraken.

How do you avoid fees when trading Crypto? ›

How to Keep Crypto Trading Fees Low
  1. Use an Exchange With Commission-Free Trading. ...
  2. Buy Cryptocurrency With Coins. ...
  3. Watch Transaction Amounts. ...
  4. Be Strategic About Your Transaction Types. ...
  5. Offset Crypto Fees by Taking Advantage of Promotions. ...
  6. The Art of Exchange Selection. ...
  7. Embrace the Native Tokens. ...
  8. Master the Timing of Your Trades.
Dec 27, 2023

Which crypto app has lowest commission? ›

Top Low Fee Cryptocurrency Exchanges
  • BitgetRead More. 0.1% ...
  • BitMexRead More. 0.02%-0.01% ...
  • ByBitRead More. 0.1%- 0.0005% ...
  • CoinbaseRead More. 0.05% - 0.60% 0.00% - 0.40%. ...
  • PoloniexRead More. 0.01% - 0.20% 0.00% - 0.20% ...
  • CEX.IORead More. 0.01% - 0.25% 0.00 - 0.15% ...
  • Kraken Read More. 0.10% - 0.40% 0.00% - 0.25% ...
  • StormGain Read More.

What is the commission fee for crypto trading? ›

Cryptocurrencies
Monthly Trade Value (USD)2Fee
≤ 100,0000.18% * Trade Value
100,000.01 - 1,000,0000.15% * Trade Value
> 1,000,0000.12% * Trade Value
Minimum per orderUSD 1.75, but no more than 1% of Trade Value
1 more row

Can I trade crypto with $100? ›

Yes, you can start trading cryptocurrency with $100. With a wide number of crypto accounts, trading platforms, and regulated brokers, investing as little as $100 in crypto trading is more than possible.

What is the cheapest way to trade crypto? ›

Compare the Best Cryptocurrency Exchanges
CompanyTransaction Fees
Kraken Best for Low Fees & Experienced Traders0.00% to 0.40%
Coinbase Best for BeginnersVariable fees (Coinbase), 0.00% to 0.40% maker fee, and 0.05% to 0.60% taker fee per trade (Coinbase Advanced Trader)
Crypto.com Best Mobile App0.00% to 0.075%
4 more rows

How much is the transaction fee for $1000 dollars in Bitcoin? ›

Most cryptocurrency exchanges charge between 0% and 1.5% per trade, depending on whether you're a maker (buyer) or taker (seller). That means that if you've dedicated $1,000 to invest in crypto, the fee you'll pay for that transaction, on average, could be anywhere from $0 to $15.

How much does it cost to send $100 Bitcoin? ›

Bitcoin transaction costs only depend on how big in bytes your transaction is. As such, the dollar value you're sending is irrelevant with Bitcoin. A simple transaction usually costs around 200-2,000 sats or $0.06-$0.60 USD which could be for $100 or $100 million dollars.

Where is the best place to buy crypto with the lowest fees? ›

Binance.US is the best crypto exchange with low fees. Bitcoin trades are free, and there are zero fees for Tier 0 pairs. You can get 5% off all maker and taker fees when using BNB tokens to pay your trading fees.

What is the safest crypto exchange? ›

Top Crypto Exchanges
ExchangesSECURITY RATING
1Crypto.com ExchangeAAA
2KrakenAAA
3WhiteBITAAA
4CryptologyAAA
116 more rows

Which crypto exchange is best for day trading? ›

Best Crypto Exchanges for Day Trading
  • Binance.
  • Coinbase.
  • Crypto.com.
  • Bitstamp.
  • Kraken.
Feb 12, 2024

Which app is best for earning free crypto? ›

Quick Look: The Best Learn and Earn Platforms
PlatformSummary
BakeEarn rewards up to $1 on DFI, DFI-BTC, and DFI-ETH.
PhemexEarn fiat credits to your Phemex account — with rewards up to $0.80 per module.
CoinMarketCapEarn cryptocurrencies like BNB and TRX!
CoinGeckoEarn crypto rewards in KNC, XTZ, and OAS!
6 more rows

Does crypto.com report to the IRS? ›

Yes. In the United States, your transactions on Crypto.com and other platforms are subject to income and capital gains tax. If you've earned or disposed of crypto (ex. Sold or traded away cryptocurrency) during the year, you'll have a tax liability to report to the IRS.

Why is the crypto.com fee so high? ›

Every transaction on Crypto.com DeFi Wallet is on-chain and requires network fees to incentivize the corresponding Blockchain Network for transaction processing and confirmation.

Why are crypto fees so high? ›

Each transaction is made up of data, which is measured in bytes. More complicated transactions involve more data and so are more expensive. Generally speaking, this means higher value transactions (involving more bitcoin) consume more data, and so require higher transaction fees. However, it's not exactly that simple.

Can you buy Bitcoin without commission? ›

Like its stock-trading platform, Robinhood charges no fees for Bitcoin trades. Other online brokers that offer access to Bitcoin or other cryptocurrencies include Webull, TradeStation and Fidelity.

Is crypto com commission free? ›

Crypto.com keeps it simple using the maker-taker model, with rates ranging from 0.0% to 0.75% for maker fees and 0.05% to 0.075% for taker fees. Investors pay additional fees for using credit cards.

Can I trade with $1 on Binance? ›

The choice is yours! With just $1, you can buy a fraction of your chosen cryptocurrency. It's not about the amount, it's about the potential! Be mindful of the fees.

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