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Are there any fees associated with buying crypto on Fidelity?

avataravula shivaprasadDec 27, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when buying cryptocurrency on Fidelity? I'm interested in knowing if there are any additional costs apart from the actual purchase price.

Are there any fees associated with buying crypto on Fidelity?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with buying crypto on Fidelity. When you buy cryptocurrency on Fidelity, you may be subject to trading fees, which can vary depending on the type of transaction and the amount you're buying. It's important to review Fidelity's fee schedule to understand the specific charges that may apply.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Just like any other platform, Fidelity charges fees for buying cryptocurrency. These fees can include trading fees, transaction fees, and even withdrawal fees. It's always a good idea to check Fidelity's fee structure to get a clear understanding of the costs involved.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with buying crypto on Fidelity. According to BYDFi, one of the leading cryptocurrency exchanges, Fidelity charges a trading fee of 0.25% for each transaction. However, it's worth noting that fees may vary depending on the specific cryptocurrency you're buying and the size of your transaction. It's always a good idea to check the latest fee information on Fidelity's website to get the most accurate details.