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Are there any fees associated with using fidelity settled cash to buy digital assets?

avatarshotbroDec 26, 2021 · 3 years ago3 answers

I'm interested in using fidelity settled cash to buy digital assets. Are there any fees associated with this process? I want to make sure I understand the costs involved before proceeding.

Are there any fees associated with using fidelity settled cash to buy digital assets?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees associated with using fidelity settled cash to buy digital assets. Fidelity charges a transaction fee for each trade you make. The fee amount depends on the size of your trade and the type of digital asset you're buying. It's important to review Fidelity's fee schedule to understand the specific costs.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! When using fidelity settled cash to buy digital assets, you'll need to consider the transaction fees. These fees vary depending on the platform you're using and the specific digital asset you're purchasing. It's always a good idea to check the fee structure of the platform you're using to ensure you're aware of any costs involved.
  • avatarDec 26, 2021 · 3 years ago
    Using fidelity settled cash to buy digital assets does come with fees. However, at BYDFi, we offer competitive fee structures to ensure our users can trade digital assets without breaking the bank. Our fees are transparent and can be found on our website. We strive to provide a cost-effective trading experience for our users.