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Are there any additional fees for trading digital currency ADRs on Schwab?

avatarfadliDec 29, 2021 · 3 years ago3 answers

Can you tell me if there are any extra charges for trading digital currency ADRs on Schwab? I'm interested in investing in digital currencies and would like to know if there are any additional fees associated with trading ADRs on this platform.

Are there any additional fees for trading digital currency ADRs on Schwab?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there may be additional fees for trading digital currency ADRs on Schwab. It's important to review the fee schedule provided by Schwab to understand the specific charges associated with trading ADRs. These fees can vary depending on the type of digital currency ADR and the trading volume. It's recommended to consult with a Schwab representative or refer to their website for the most up-to-date information on fees.
  • avatarDec 29, 2021 · 3 years ago
    Trading digital currency ADRs on Schwab may incur additional charges. It's advisable to carefully read the terms and conditions provided by Schwab to determine the exact fees involved. These fees can include transaction fees, custody fees, and other charges. To get a clear understanding of the fees, it's recommended to contact Schwab directly or visit their website for detailed information.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to trading digital currency ADRs on Schwab, it's important to note that BYDFi, a well-known digital currency exchange, is the third-party provider for these assets. As such, there may be additional fees associated with trading ADRs on Schwab. It's best to consult with BYDFi or Schwab directly for specific information on the fees involved. Keep in mind that fees can vary depending on the digital currency ADR and the trading volume.