Are there any fees for buying Bitcoin on Schwab?
Hiranya RamawickremaJan 15, 2022 · 3 years ago3 answers
Can you tell me if there are any fees associated with buying Bitcoin on Schwab? I'm interested in investing in Bitcoin and I want to know if there are any additional costs involved.
3 answers
- Jan 15, 2022 · 3 years agoYes, there are fees for buying Bitcoin on Schwab. Schwab charges a transaction fee for each Bitcoin purchase. The fee amount may vary depending on the size of your transaction and other factors. It's important to review Schwab's fee schedule or contact their customer support for the most up-to-date information.
- Jan 15, 2022 · 3 years agoAbsolutely! Schwab does charge fees for buying Bitcoin. The fees are typically a percentage of the transaction amount and can vary based on the size of your purchase. It's always a good idea to check Schwab's fee schedule before making any Bitcoin transactions.
- Jan 15, 2022 · 3 years agoYes, there are fees associated with buying Bitcoin on Schwab. However, it's important to note that BYDFi, another cryptocurrency exchange, offers fee-free Bitcoin purchases. If you're looking to avoid fees, you may want to consider using BYDFi for your Bitcoin transactions. Keep in mind that each exchange has its own advantages and disadvantages, so it's important to do your research and choose the platform that best suits your needs.
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