What are the international fees for using a TD debit card to purchase cryptocurrencies?
BD Computing LimitedJan 14, 2022 · 3 years ago3 answers
I would like to know the international fees associated with using a TD debit card to buy cryptocurrencies. Can anyone provide information on the fees charged by TD Bank for international cryptocurrency purchases?
3 answers
- Jan 14, 2022 · 3 years agoWhen using a TD debit card to purchase cryptocurrencies internationally, you may be subject to certain fees. TD Bank charges a foreign transaction fee of 3% for purchases made in a foreign currency. Additionally, there may be fees imposed by the cryptocurrency exchange or platform you are using. It's important to check with both TD Bank and the exchange to understand the complete fee structure before making any international cryptocurrency purchases.
- Jan 14, 2022 · 3 years agoIf you're planning to use your TD debit card to buy cryptocurrencies from an international exchange, it's crucial to be aware of the associated fees. TD Bank typically charges a foreign transaction fee of 3% for purchases made in a foreign currency. However, it's important to note that the cryptocurrency exchange you choose may also have its own fees. Make sure to research and compare different exchanges to find the one with the most favorable fee structure for your needs.
- Jan 14, 2022 · 3 years agoWhen using a TD debit card to purchase cryptocurrencies internationally, it's important to consider the fees involved. TD Bank charges a foreign transaction fee of 3% for purchases made in a foreign currency. However, it's worth noting that there may be additional fees imposed by the cryptocurrency exchange you use. It's always a good idea to review the fee structure of both TD Bank and the exchange before making any international cryptocurrency transactions. As an alternative, you may also consider using a cryptocurrency-friendly bank or platform that offers lower fees for international purchases.
Related Tags
Hot Questions
- 76
What are the best practices for reporting cryptocurrency on my taxes?
- 63
How can I minimize my tax liability when dealing with cryptocurrencies?
- 58
How can I buy Bitcoin with a credit card?
- 42
Are there any special tax rules for crypto investors?
- 40
What are the tax implications of using cryptocurrency?
- 19
How does cryptocurrency affect my tax return?
- 19
How can I protect my digital assets from hackers?
- 16
What is the future of blockchain technology?