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Are there any fees associated with buying bitcoin using American Express?

avatarGregor CarreraDec 27, 2021 · 3 years ago3 answers

What are the fees involved when purchasing bitcoin using American Express?

Are there any fees associated with buying bitcoin using American Express?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with buying bitcoin using American Express. 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 research and compare different platforms to find the one with the most competitive fees.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! When you buy bitcoin using American Express, you can expect to pay fees. These fees can range from a few dollars to a percentage of the transaction amount. It's always a good idea to check the fee structure of the platform or exchange you're using before making a purchase.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with buying bitcoin using American Express. At BYDFi, for example, there is a fee of 1.5% for purchases made with American Express. It's important to note that fees may vary depending on the platform or exchange you choose, so it's always a good idea to compare fees before making a purchase.