Are there any fees associated with buying crypto via credit card?

3 answers

• Dec 27, 2021 · 3 years ago
  Yes, there are typically fees associated with buying crypto via credit card. These fees can vary depending on the exchange or platform you use. Some exchanges charge a flat fee for credit card transactions, while others may charge a percentage of the transaction amount. It's important to check the fee structure of the exchange or platform you plan to use before making a purchase.
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• Dec 27, 2021 · 3 years ago
  Absolutely! When you buy crypto with a credit card, you'll usually encounter some fees. These fees can include transaction fees, processing fees, and even currency conversion fees if you're buying crypto with a different currency. The exact fees will vary depending on the exchange or platform you choose, so it's always a good idea to do your research and compare fees before making a purchase.
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• Dec 27, 2021 · 3 years ago
  Yes, there are fees associated with buying crypto via credit card. At BYDFi, for example, there is a 3% fee for credit card transactions. This fee covers the costs of processing the transaction and ensuring the security of your purchase. While fees are a common part of buying crypto with a credit card, they are necessary to support the infrastructure and services provided by the exchange or platform.
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