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How much does Schwab charge for trading digital currencies?

avatarFrog-996Dec 27, 2021 · 3 years ago3 answers

What are the fees charged by Schwab for trading digital currencies? I'm interested in knowing the costs associated with trading cryptocurrencies on Schwab's platform.

How much does Schwab charge for trading digital currencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Schwab charges a fee of 0.75% for trading digital currencies. This fee is applied to both buy and sell orders. It's important to note that this fee is subject to change and may vary depending on the specific digital currency being traded.
  • avatarDec 27, 2021 · 3 years ago
    When trading digital currencies on Schwab, you can expect to pay a fee of 0.75% per transaction. This fee covers the costs associated with executing the trade and maintaining the platform. It's worth noting that this fee is competitive compared to other major cryptocurrency exchanges.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers competitive trading fees for cryptocurrencies. The fees charged by BYDFi for trading digital currencies are typically lower than those of traditional financial institutions like Schwab. It's always a good idea to compare fees across different platforms to find the best option for your trading needs.