What are the fees associated with using MoonPay to purchase digital currencies?

3 answers

• Dec 30, 2021 · 3 years ago
  When using MoonPay to purchase digital currencies, there are several fees to consider. First, MoonPay charges a processing fee, which is a percentage of the transaction amount. This fee can vary depending on the specific digital currency you are purchasing. Additionally, there may be network fees associated with the blockchain network used for the transaction. These fees are determined by the network itself and can fluctuate based on network congestion. It's important to note that MoonPay does not control these network fees. Finally, there may be additional fees imposed by your bank or payment provider, such as foreign exchange fees or transaction fees. It's recommended to review the fee schedule provided by MoonPay and consult with your bank or payment provider to understand the complete cost of purchasing digital currencies through MoonPay.
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• Dec 30, 2021 · 3 years ago
  The fees associated with using MoonPay to buy digital currencies can vary depending on several factors. Firstly, the specific digital currency you are purchasing can impact the fees charged. Different cryptocurrencies may have different fee structures. Additionally, the payment method you choose can also affect the fees. For example, using a credit card may incur higher fees compared to using a bank transfer. It's important to review the fee schedule provided by MoonPay and consider the total cost, including any network fees and additional fees from your bank or payment provider, before making a purchase.
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• Dec 30, 2021 · 3 years ago
  When purchasing digital currencies through MoonPay, it's important to consider the fees involved. MoonPay itself charges a processing fee, which is a percentage of the transaction amount. This fee can vary depending on the specific digital currency being purchased. Additionally, there may be network fees associated with the blockchain network used for the transaction. These fees are not controlled by MoonPay and can fluctuate based on network congestion. It's recommended to review the fee schedule provided by MoonPay and factor in any network fees and additional fees from your bank or payment provider to understand the total cost of purchasing digital currencies through MoonPay.
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