Are there any fees associated with buying crypto on Questrade?
CHERISH PUNIANI 23117042Dec 26, 2021 · 3 years ago3 answers
Can you tell me if there are any fees that I need to pay when buying cryptocurrency on Questrade? I want to make sure I understand all the costs involved before I start investing.
3 answers
- Dec 26, 2021 · 3 years agoYes, there are fees associated with buying crypto on Questrade. When you buy cryptocurrency, you will be charged a trading fee. The trading fee is a percentage of the total transaction amount and varies depending on the specific cryptocurrency you are buying. Additionally, there may be other fees such as deposit fees or withdrawal fees. It's important to review Questrade's fee schedule to understand the exact fees that apply to your transactions.
- Dec 26, 2021 · 3 years agoAbsolutely! Like any other exchange, Questrade charges fees for buying cryptocurrency. The fees typically include a trading fee, which is a small percentage of the transaction amount. In addition to the trading fee, there may be other fees such as deposit fees or withdrawal fees. It's always a good idea to check the fee schedule on Questrade's website to get a clear understanding of the fees before making any transactions.
- Dec 26, 2021 · 3 years agoYes, there are fees associated with buying crypto on Questrade. Questrade is known for its competitive fee structure, offering low trading fees compared to many other exchanges. The trading fee is based on a tiered structure, where the fee percentage decreases as your trading volume increases. Additionally, there may be other fees such as deposit fees or withdrawal fees. If you're looking for a reliable and cost-effective platform to buy crypto, Questrade is definitely worth considering.
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