Review · Money
Robinhood Crypto review
Crypto trading inside the Robinhood investing app, with spread-based default trades or tiered exchange fees from 0.00% to 0.95%.
By the HearSmart research desk · Updated November 12, 2026
- Performance (40%)
- 7.9
- Ease of use (25%)
- 9.3
- Value (35%)
- 8.5
Robinhood Crypto suits people who already invest in stocks on Robinhood and want crypto in the same app. Default in-app trades go through market maker routing with no explicit fee; instead, Robinhood earns from the spread, and it discloses that as of June 15, 2026 it receives $0.95 for every $100 of crypto order volume routed this way. You can switch eligible coins to exchange routing, where fee tiers range from 0.00% to 0.95% based on your trailing 30-day volume and resting limit orders get a reduced maker fee. Orders routed this way can execute on Bitstamp, which Robinhood owns, or another partner exchange. Robinhood does not charge an extra fee to receive crypto and shows the network fee estimate before you send. Two limits: the reduced and standard fees are still rolling out, and crypto in Robinhood Crypto is not FDIC insured or SIPC protected.
Who it is for
Robinhood stock investors adding some crypto
Price
No commission on default in-app trades (Robinhood earns from the spread); exchange routing fees from 0.00% to 0.95%.
Fees range from 0.00%-0.95%.
Quoted from the vendor pricing page on November 12, 2026.
Key features
- Market maker routing is the default for in-app trades with no explicit fee
- Exchange routing fee tiers from 0.00% to 0.95% based on trailing 30-day volume
- Reduced maker fee for limit orders that rest on the book
- Send and receive supported coins, with no extra fee to receive
- Robinhood Legend and mobile advanced charts for active traders
Strengths and weaknesses
- Strength: Crypto sits next to stocks and ETFs in one app
- Strength: Discloses that it receives $0.95 per $100 traded through market makers
- Strength: Fee tiers fall as your 30-day exchange-routed volume rises
- Weakness: Default trades carry a spread, so costs are inside the price
- Weakness: Reduced and standard fees are still rolling out and may not be available to all customers
- Weakness: Crypto held through Robinhood Crypto is not FDIC insured or SIPC protected
Key facts
- Default routing: Market makers, no explicit fee
- Exchange routing fees: 0.00% to 0.95%
- Market maker payment: $0.95 per $100 (as of June 15, 2026)
- Receive crypto: No extra fee
- Partner exchange: Bitstamp
Where it ranks
Robinhood Crypto is No. 3 in our Best Crypto Exchanges verdict.
Alternatives we scored
- Kraken8.9
- Coinbase8.8
- Binance.US8.3
- Gemini8.3
Visit robinhood.com · Questions or corrections: editorial@hearsmart.org