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Are there any fees associated with buying BTC with Zelle?

avatarSunayana PhadtareDec 24, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when purchasing BTC with Zelle? I'm considering using Zelle as a payment method for buying Bitcoin, but I want to make sure I understand all the costs involved before I proceed. Are there any transaction fees, service fees, or any other charges that I should be aware of when using Zelle to buy BTC?

Are there any fees associated with buying BTC with Zelle?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Yes, there are typically fees associated with buying BTC with Zelle. While Zelle itself does not charge any fees for transactions, the platform you use to buy BTC may have its own fees. It's important to check with the specific platform or exchange you are using to see if they charge any fees for using Zelle as a payment method. Additionally, keep in mind that there may be network fees or miner fees associated with the Bitcoin transaction itself, which are separate from any fees charged by Zelle or the platform you use.
  • avatarDec 24, 2021 · 3 years ago
    No, there are no fees associated with buying BTC with Zelle. Zelle is a peer-to-peer payment platform that allows for fast and convenient transactions without any additional costs. When you use Zelle to buy BTC, you can enjoy the benefits of instant transfers and avoid any transaction fees that may be charged by other payment methods or exchanges.
  • avatarDec 24, 2021 · 3 years ago
    While Zelle itself does not charge any fees for transactions, it's important to note that the platform or exchange you use to buy BTC may have their own fees. For example, at BYDFi, there are no fees for buying BTC with Zelle. However, it's always a good idea to check with the specific platform or exchange you are using to see if they charge any fees for using Zelle as a payment method.