common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with buying crypto through Simplex?

avatarr4tmjos908Dec 29, 2021 · 3 years ago3 answers

What are the fees that I need to pay when buying cryptocurrency through Simplex?

Are there any fees associated with buying crypto through Simplex?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees associated with buying crypto through Simplex. The fees vary depending on the payment method you choose. For credit and debit card purchases, the fee is typically around 3.5% of the transaction amount. Bank transfers usually have lower fees, ranging from 1% to 2%. It's important to note that these fees are charged by Simplex and not by the exchange you're using. Make sure to check the fee schedule provided by Simplex before making a purchase.
  • avatarDec 29, 2021 · 3 years ago
    When buying crypto through Simplex, you will encounter fees. The exact amount of fees depends on the payment method you select. Credit and debit card purchases usually have higher fees compared to bank transfers. It's recommended to review the fee structure provided by Simplex to understand the specific fees associated with your chosen payment method.
  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees when purchasing crypto through Simplex. Simplex is a trusted payment processor that charges fees for their services. These fees are separate from any fees that the exchange may charge. The fees can vary depending on the payment method you choose and are typically a percentage of the transaction amount. It's always a good idea to review the fee schedule provided by Simplex to understand the exact fees you'll be charged.