Robinhood vs Crypto.com: fees, withdrawals, safety and which to use
For a $1,000 bank-transfer purchase, Robinhood costs $0, while Crypto.com costs $5.
Robinhood vs Crypto.com fees
The websites for Robinhood and Crypto.com list dollar fees for $1,000.
| $1,000 and the basics | Robinhood | Crypto.com |
|---|---|---|
| Buy by bank transfer (ACH) | $0 | $5 |
| Buy by wire | $0 | $5 |
| Sell and send to your bank (ACH) | $9.50 | $5 |
| Cash out to your bank (ACH) | $0 | $0 |
| Cash out by wire | $25 | – |
| Cash out instantly to a debit card | $17.50 | – |
| States it does not serve | Serves every state | New York |
| Serves New York | Yes | No |
| Bank withdrawal | Free | Free, typically 1-3 business days |
| NYDFS licence | Yes | No |
| FinCEN registration | – | Registered |
| App Store rating (ratings) | 4.3 (4,899,968) | 4.7 (336,049) |
| Google Play rating (ratings) | – | 4.4 (694,078) |
| Coins listed | 92 | 376 |
A dash shows that the exchange has not published a figure for that row. "Not offered" means the method isn't supported.
Robinhood vs Crypto.com in your state
New York is served by Robinhood, but not by Crypto.com.
Robinhood vs Crypto.com withdrawals
You can withdraw from Robinhood to your bank for free.
Crypto.com bank withdrawals are free and usually take 1-3 working days (Crypto.com Exchange, US retail).
Robinhood vs Crypto.com safety
Robinhood has a New York licence or charter issued by NYDFS.
Crypto.com has no NYDFS licence for New York.
Robinhood vs Crypto.com apps and coins
With 4,899,968 ratings, Robinhood's App Store score is 4.3 out of 5.
Across 336,049 App Store ratings, Crypto.com scores 4.7 out of 5. Google Play ratings of 694,078 give it 4.4.
Robinhood or Crypto.com: which one to choose?
- Choose Robinhood when you'll use its order book and Exchange routing fee tiers, or when you live in a state that other exchanges don't serve.
- Go with Crypto.com when Crypto.com Exchange and its order book are what you'll use.
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