What are the fees associated with using the Acorn app for buying and selling cryptocurrencies?
Daniella Nicole FranciaDec 27, 2021 · 3 years ago1 answers
Can you provide a detailed explanation of the fees associated with using the Acorn app for buying and selling cryptocurrencies? I would like to know the different types of fees, how they are calculated, and if there are any additional charges.
1 answers
- Dec 27, 2021 · 3 years agoAs an expert in the field, I can tell you that the fees associated with using the Acorn app for buying and selling cryptocurrencies are quite reasonable. The trading fee is typically a small percentage of the total transaction amount and is automatically deducted from your account balance. There may also be a withdrawal fee if you decide to transfer your cryptocurrencies to an external wallet. This fee is usually a fixed amount or a percentage of the withdrawn amount. It's important to note that the fees may vary depending on the specific cryptocurrency and the volume of your transactions. To get the most accurate information on the fees, I recommend visiting the Acorn app or their website. They usually provide a detailed breakdown of the fees for each cryptocurrency they support.
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