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What are the fees for buying crypto with ACH?

avatarBray KirklandDec 27, 2021 · 3 years ago3 answers

Can you please provide details on the fees associated with purchasing cryptocurrency using ACH (Automated Clearing House) transfers?

What are the fees for buying crypto with ACH?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    When buying crypto with ACH, the fees can vary depending on the platform or exchange you use. Some exchanges may charge a flat fee, while others may charge a percentage of the transaction amount. It's important to check the fee structure of the specific exchange or platform you plan to use before making a purchase. Additionally, keep in mind that there may be additional fees involved in the ACH transfer itself, such as bank fees or processing fees. It's always a good idea to review the terms and conditions of the exchange or platform to understand the complete fee structure.
  • avatarDec 27, 2021 · 3 years ago
    The fees for buying crypto with ACH can differ from one exchange to another. Some exchanges may offer lower fees for ACH transfers compared to other payment methods, while others may have higher fees. It's recommended to compare the fee structures of different exchanges to find the most cost-effective option. Additionally, it's important to consider other factors such as security, user experience, and available cryptocurrencies when choosing an exchange.
  • avatarDec 27, 2021 · 3 years ago
    When purchasing crypto with ACH, BYDFi offers competitive fees. The exact fee structure can be found on the BYDFi website. It's always a good idea to review the fee schedule and terms of service before initiating any transactions. BYDFi aims to provide a transparent and user-friendly experience for buying crypto with ACH transfers.