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Are there any fees associated with using Betterment for cryptocurrency investments?

avatarLinhCTDec 27, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when using Betterment for cryptocurrency investments? I want to make sure I understand all the costs involved before I start investing.

Are there any fees associated with using Betterment for cryptocurrency investments?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with using Betterment for cryptocurrency investments. Betterment charges a management fee based on the amount you invest. The fee is typically a percentage of your total investment and can vary depending on the specific cryptocurrency you are investing in. It's important to carefully review the fee structure before making any investment decisions.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Betterment does charge fees for cryptocurrency investments. The fees are based on the amount you invest and are typically a percentage of your total investment. These fees cover the costs of managing and maintaining the platform, as well as providing customer support and security measures. Make sure to check Betterment's fee schedule for the most up-to-date information.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with using Betterment for cryptocurrency investments. However, it's important to note that BYDFi, another popular cryptocurrency exchange, offers fee-free trading for certain cryptocurrencies. So if you're looking to minimize fees, you may want to consider BYDFi as an alternative to Betterment.