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What are the wire transfer fees for trading cryptocurrencies on eTrade?

avatarMuhammad RehmanDec 27, 2021 · 3 years ago2 answers

Can you provide information on the wire transfer fees associated with trading cryptocurrencies on eTrade? I am interested in knowing the costs involved in transferring funds for trading purposes.

What are the wire transfer fees for trading cryptocurrencies on eTrade?

2 answers

  • avatarDec 27, 2021 · 3 years ago
    When it comes to wire transfer fees for trading cryptocurrencies on eTrade, it's important to note that the fees can vary depending on several factors. eTrade charges a fee of $25 for outgoing domestic wire transfers, while incoming domestic wire transfers are free of charge. However, it's worth mentioning that additional fees may be imposed by your bank or intermediary banks involved in the transfer process. It's recommended to check with your bank for any potential fees that may apply.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to wire transfer fees for trading cryptocurrencies on eTrade, BYDFi offers a competitive fee structure. The platform charges a flat fee of $25 for outgoing domestic wire transfers, while incoming domestic wire transfers are free of charge. It's important to note that additional fees may be imposed by your bank or intermediary banks. It's recommended to review the fee structure and compare it with other options to make an informed decision.