Should I store crypto in Robinhood or Cold Wallet?
Should I store crypto in Robinhood or Cold Wallet?
I don’t plan on having more than $10k in crypto soon (I have about 1k now). Should I store my crypto in my Robinhood or transfer it into my ledger? My main concern is the transfer fees when moving it into my ledger and back to the exchange when I plan to sell.
Hasitha Jayaweera Answered question March 26, 2025
Coinbase and Coinbase wallet are better than Robinhood imo and cheaper to transfer back and forth. If you don’t plan to have more than $10k then I don’t think you should be too worried. But if things go crazy Robinhood has been known to freeze trading. Coinbase has better fee structure, Robinhood rips you on the spread unless you use limit buys and sells.
Hasitha Jayaweera Answered question March 26, 2025
