Robinhood Crypto
Crypto trading inside the Robinhood app, commission-free by default with an optional exchange-routing mode.
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Robinhood Crypto key facts
| Category | Crypto exchange |
|---|---|
| US availability | Most states; some coins limited in NY and TX |
| Trading fees | No commission (spread); 0.50% / 0.95% on Exchange Routing |
| Simple buy fee | No commission, spread in price |
| Debit card purchase | 0.0% to 1.5% with a debit card (Robinhood Connect) |
| Coins available (US) | 90 on the availability page |
| Staking (US) | Yes, 25% commission on rewards |
| US licenses | NY BitLicense and NY money transmitter license (NMLS 1702840) |
| Custody | Custodial |
| Self-custody wallet | Robinhood Wallet (separate app) |
What is Robinhood Crypto?
Robinhood Crypto is the crypto arm of Robinhood Markets. By default it routes orders to market makers without a commission, with the cost built into the price. An optional Exchange Routing mode sends orders to EDX Markets and Bitstamp USA for a tiered maker/taker fee.
How Robinhood Crypto works
By default, Robinhood Crypto sends your order to market makers and charges no commission, and it receives volume rebates from those market makers.
With Exchange Routing, orders go to EDX Markets and Bitstamp USA instead. Robinhood takes no rebates on that route and charges a fee, of which 0% to 0.02% goes to the partner exchange. Orders placed from Robinhood Legend, the Ladder and advanced charts always use Exchange Routing where it is available, whatever your default setting. Some coins can only be traded on certain platforms. For example, ALGO and ZRX can be traded in the app with market-maker routing but not with fee tiers or on Legend.
How to start with Robinhood Crypto
- You open a crypto account with Robinhood Crypto, LLC (NMLS 1702840), which holds a New York virtual currency license.
- Coin availability varies by state: some assets cannot be traded in New York and others cannot be traded in Texas.
- You can send and receive supported coins, but each asset only moves on the network Robinhood lists.
- ARB goes only to native Arbitrum addresses, BNB only on BNB Smart Chain, and AVAX only to C-Chain addresses.
- Address allowlisting restricts withdrawals to wallets you have approved.
Robinhood Crypto fees and limits
- The lowest tier is 0.50% maker and 0.95% taker up to $10K.
- Rates drop to 0.25% taker from $50K and reach 0.00% maker and 0.03% taker above $25M.
- Staking carries a 25% commission on rewards.
- When you buy through Robinhood Connect inside a dApp, paying by debit card or bank transfer costs 0.0% to 1.5%, and paying from buying power costs nothing.
Exchange Routing fees are tiered by 30-day routed volume. Robinhood does not charge for transfers, but you pay the network fee.
Risks to know before using Robinhood Crypto
- On August 2, 2022, New York's DFS fined Robinhood Crypto $30 million over failures in its anti-money-laundering and cybersecurity programs.
- Robinhood says it may vary rates and fees by customer based on account value, balances or promotions.
- Coins sent to an unsupported network or address format can be lost permanently.
- Some listed tokens, such as AVNT, were added after Robinhood received integration fees, and it discloses this on the availability page.
Robinhood Crypto alternatives
Other exchanges US customers compare with Robinhood Crypto.
The largest US-listed crypto exchange, with a simple buy screen and the Coinbase Advanced order book.
Robinhood Crypto vs Coinbase →US-available crypto exchange with an instant-buy app and the Kraken Pro order book.
US crypto exchange and custodian, public since September 2025, available in all 50 states.
Crypto app available in every US state except New York, with fees shown in the trade preview.
US exchange run separately from Binance.com, with low order-book fees but limited state coverage.
Crypto exchange founded in 2011 and owned by Robinhood since June 2025.
Where Robinhood Crypto ranks on DappAtlas
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Robinhood Crypto compared
Robinhood Crypto pros and cons
- No commission on default routing
- Over 140 tradable coins
- Holds a New York BitLicense
- Spread on default routing is not published
- 25% commission on staking rewards
- Fined $30M by NYDFS in 2022
Robinhood Crypto FAQ
What is Robinhood Crypto?
Robinhood Crypto is the crypto arm of Robinhood Markets. By default it routes orders to market makers without a commission, with the cost built into the price. An optional Exchange Routing mode sends orders to EDX Markets and Bitstamp USA for a tiered maker/taker fee.
Is Robinhood Crypto available in the US?
Most states; some coins limited in NY and TX, according to Robinhood Crypto’s own page (checked Sep 26, 2026).
What are Robinhood Crypto’s trading fees?
At the lowest volume tier: No commission (spread); 0.50% / 0.95% on Exchange Routing. Higher-volume traders pay less.
How much does it cost to buy crypto on Robinhood Crypto?
On the simple buy screen: No commission, spread in price.
Can I stake on Robinhood Crypto?
Yes, 25% commission on rewards.
Does Robinhood Crypto hold my crypto?
Robinhood Crypto is custodial: it holds the keys to your balance. To hold your own keys, withdraw to a self-custody wallet.
Sources
How this page works
Sources: Robinhood Crypto: official site, Robinhood: coin availability, Robinhood Crypto fee schedule (Jun 2026). Data as of Oct 1, 2026.
Not affiliated with any project listed. Educational content, not financial advice.