What are the fees charged by Sofi for cryptocurrency transactions?

3 answers

• Dec 27, 2021 · 3 years ago
  Sure! Sofi charges fees for cryptocurrency transactions based on the type of transaction you make. For buying or selling cryptocurrencies, Sofi charges a fee of 1.25% of the transaction amount. This fee is applied to both market and limit orders. Additionally, Sofi may charge network fees for transferring cryptocurrencies to external wallets. These network fees vary depending on the cryptocurrency and the current network congestion. It's important to note that Sofi does not charge any fees for depositing or withdrawing cryptocurrencies from your Sofi account. Overall, Sofi's fees for cryptocurrency transactions are competitive compared to other exchanges in the market.
  677339
• Dec 27, 2021 · 3 years ago
  The fees charged by Sofi for cryptocurrency transactions are quite reasonable. For buying or selling cryptocurrencies, Sofi charges a fee of 1.25% of the transaction amount. This fee is relatively low compared to some other exchanges. Sofi also does not charge any fees for depositing or withdrawing cryptocurrencies from your account. However, it's worth noting that Sofi may charge network fees for transferring cryptocurrencies to external wallets. These network fees are determined by the respective blockchain networks and can vary depending on the current network congestion. Overall, Sofi provides a transparent fee structure for cryptocurrency transactions.
  665222
• Dec 27, 2021 · 3 years ago
  When it comes to fees for cryptocurrency transactions, Sofi offers competitive rates. For buying or selling cryptocurrencies, Sofi charges a fee of 1.25% of the transaction amount. This fee is applied to both market and limit orders. Sofi does not charge any fees for depositing or withdrawing cryptocurrencies from your account. However, it's important to be aware that Sofi may charge network fees for transferring cryptocurrencies to external wallets. These network fees are determined by the respective blockchain networks and can vary depending on the current network congestion. Overall, Sofi provides a user-friendly platform with reasonable fees for cryptocurrency transactions.
  686172