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How much does it cost to trade cryptocurrencies on Wealthsimple?

avatarPRIYADHARSHINI MDec 26, 2021 · 3 years ago3 answers

Can you provide a breakdown of the costs associated with trading cryptocurrencies on Wealthsimple?

How much does it cost to trade cryptocurrencies on Wealthsimple?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! When it comes to trading cryptocurrencies on Wealthsimple, there are a few costs to consider. First, there is a trading fee of 1.5% for buying and selling cryptocurrencies. Additionally, there may be network fees associated with transferring cryptocurrencies to and from your Wealthsimple account. These network fees vary depending on the cryptocurrency and the current network congestion. It's important to keep in mind that these fees are subject to change, so it's always a good idea to check the Wealthsimple website for the most up-to-date information.
  • avatarDec 26, 2021 · 3 years ago
    Trading cryptocurrencies on Wealthsimple comes with a 1.5% fee. This fee applies to both buying and selling cryptocurrencies. In addition to the trading fee, there may be network fees associated with transferring cryptocurrencies. These fees are determined by the cryptocurrency network and can vary depending on the current network congestion. It's important to factor in these costs when considering trading cryptocurrencies on Wealthsimple.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to trading cryptocurrencies on Wealthsimple, there is a trading fee of 1.5%. This fee applies to both buying and selling cryptocurrencies. In addition to the trading fee, there may be network fees associated with transferring cryptocurrencies. These fees are determined by the cryptocurrency network and can vary depending on the current network congestion. However, it's worth noting that Wealthsimple aims to provide competitive pricing and transparent fees for its users.