In this article, I will discuss the How To Sell Crypto On Robinhood fees, and important considerations concerning .
With a very simple and intuitive interface, no commission fees, and payments for order flows, Robinhood makes selling digital assets for beginners. However, realizing optional fees, spreads, and sale timing is crucial to optimize your sale.
About Robinhood
Robinhood is a well-known financial services platform where users can trade stocks, ETFs, options, and even cryptocurrencies without paying any commission fees. Robinhood was launched in 2013 and it is famous for its easier to use mobile application which is handy for new investors.
Other features include instant deposits, fractional share investment, and real time market updates. Although Robinhood has helped retail investors gain easier access to investing has controversies regarding its business model and regulatory scrutiny.
How To Sell Crypto On Robinhood
Example: Selling Ethereum (ETH) on Robinhood
Open the Robinhood App
Go to your Crypto portfolio and log in to your account.
Select Ethereum (ETH)
Scroll through your holdings and select Ethereum.
Tap “Trade” → “Sell”
Select Ethereum and then tap on Sell to initiate the sell transaction.
Enter Amount to Sell
Input either the dollar amount you wish to receive or the total ETH you are willing to part with (for example, 0.75 ETH).
Review Your Order
Confirm the details as Robinhood shows the estimated sale price along with a confirmation of the details.
Swipe Up to Submit
Swipe to complete your transaction. As outlined earlier, your ETH will be sold at the current market price.
Funds Added to Your Account
Immediately after the sale, your ETH balance your will now be credited with the proceeds which will directly reflect in your Robinhood cash balance.
Growth of crypto trading on Robinhood
Surge in Trading Volume
The volume of crypto trading went up by more than 400% year on year in Q4 2024, reaching around $71 billion.
Explosion in Revenue
Transaction revenue increased by 700% for the fourth quarter in 2024, generating $358 million approximately, which is over a third total transaction revenue.
YoY Growth Despite Drop in Volume
Volume fell to approx 14.4B in February 2025, which is a 29% decline month on month, but still 122% YoY growth.
Platform Crypto Assets Held
In April 2025, Robinhood users increased their crypto holdings to $25 billion which constitutes roughly 11% of platform assets.
Momentum in the Market
Active trading of cryptos on Robinhood’s platform surged as Bitcoin prices increased accompanied with higher market volatility.
Increased Offerings
With the addition of Solana, XRP, and Cardano, new users were added and trading options became more diversified on Robinhood.
Tips and Best Practices
Use Limit Orders in Volatile Markets
If you expect to see price swings, manage your selling price with limit orders. In turbulent conditions, don’t use market orders.
Double Check the Amount Before Selling
Confirm the dollar and crypto amount you are inputting closely. You can either lose too much or gain less by a single typo.
Know the Market Trends Before Selling
Review charts and news before selling. Do note that selling out of fear during temporary dips is generally not advisable.
Understand the Tax Impact
Selling crypto triggers capital gains tax, and paying taxes is something most prefer to avoid. Part of the order for loss is controlled because of the time you held it, that an asset determines the taxating amount.
Review Order Confirmation Screens Carefully
Before you tap “Submit,” make sure you have the order type, price, and amount set correctly if you double check. It’s easy to incur costly errors from the smallest of oversights.
What are the fees for selling crypto on Robinhood?
Robinhood does not charge a direct commission for selling crypto, which makes trading on the platform convenient for casual users. Usually, there’s a spread of around 0.5% to 1.5% that serves as an indirect fee. Smart Order Routing incurs an additional 0.85% fee as well.
Selling crypto on Robinhood does not incur network fees, but moving crypto to an external wallet will be subject to standard blockchain fees. There are no regulatory or contract fees associated with crypto sales, unlike for stocks and options. As a whole, costs are mostly hidden instead of clearly stated.
Risk & Considerations
Lurking Expenses: In times of market volatility, the spread can significantly limit your profits even though there aren’t any direct fees.
Passive Control Of Trading: Control over order execution is primarily passive on Robinhood due to the internal routing blockade unless Smart Order Routing is enabled, which could lead to suboptimal pricing.
Basic Trading Facilities: Robinhood does not offer pro level features like stop-limit orders or advanced analytics, which makes it unsuitable for advanced traders.
Limited Digital Currency Support: The variety of cryptocurrencies supported by Robinhood is restricted.
Risk of Losing Access: There’s potential risk of losing access to trading or withdrawing funds due to the ever-changing crypto regulations.
Pros & Cons
| Pros | Cons |
|---|---|
| No commission fees | Hidden spreads (0.5%–1.5%) reduce returns |
| User-friendly interface | Limited crypto selection |
| Instant access to sale proceeds | No advanced trading features (e.g., stop orders) |
| No withdrawal fees from Robinhood | Blockchain network fees apply for transfers |
| Optional Smart Order Routing | Smart Routing adds a 0.85% fee |
| Regulated U.S. platform | No control over price execution without Smart Routing |
Conclusion
Selling cryptocurrency on Robinhood is straightforward, commission-free, and caters to users with little experience. Users need to be aware of additional costs such as spreads and optional routing fees, though.
The platform provides a streamlined experience with rapid fund access, but lacks advanced trading features and supports only a small number of coins. Robinhood is great if convenience and transparency are your top priorities—just keep the indirect fees and market conditions in mind when selling your assets.
FAQ
How do I sell crypto on Robinhood?
Open the Robinhood app, go to the crypto you own, tap “Trade,” then choose “Sell.” Enter the amount, review the order, and confirm.
Are there fees for selling crypto on Robinhood?
There are no direct commission fees, but Robinhood includes a spread (typically 0.5%–1.5%). Optional Smart Routing adds a 0.85% fee.
Can I sell a fraction of my crypto?
Yes, Robinhood allows you to sell fractional amounts of cryptocurrency.
