common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with using the eToro app for crypto trading?

avatartkefDec 29, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when using the eToro app for trading cryptocurrencies? I'm interested in knowing if there are any hidden charges or additional costs that I should be aware of.

Are there any fees associated with using the eToro app for crypto trading?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees associated with using the eToro app for crypto trading. When you buy or sell cryptocurrencies on eToro, you will be charged a spread, which is the difference between the buy and sell prices. Additionally, there may be overnight fees for holding positions overnight. It's important to review the fee schedule on eToro's website for detailed information on the fees associated with using the app.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! Like any other trading platform, the eToro app charges fees for crypto trading. These fees include the spread, which is the difference between the buy and sell prices, and overnight fees for holding positions overnight. Make sure to check the fee schedule on eToro's website to get a clear understanding of the fees involved before you start trading.
  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees associated with using the eToro app for crypto trading. However, the fees are transparent and clearly stated on eToro's website. The spread, which is the difference between the buy and sell prices, is the main fee you'll encounter. Additionally, there may be overnight fees for holding positions overnight. It's always a good idea to review the fee schedule and understand the costs involved before you start trading on eToro.