Are there any fees when buying crypto with a credit card?

3 answers

• Jan 13, 2022 · 3 years ago
  When buying crypto with a credit card, it's important to be aware of any fees that may be associated with the transaction. While some exchanges may offer fee-free purchases, many charge a convenience fee for using a credit card. These fees can vary depending on the exchange and the amount of crypto being purchased. It's recommended to check the fee structure of the exchange you plan to use before making a purchase.
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• Jan 13, 2022 · 3 years ago
  Yes, there are often fees when buying crypto with a credit card. These fees can include a percentage of the transaction amount or a fixed fee per transaction. The exact fees will depend on the exchange or platform you use. It's important to read the terms and conditions and fee schedule of the exchange before making a purchase to understand the costs involved.
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• Jan 13, 2022 · 3 years ago
  When purchasing crypto with a credit card, it's common to encounter fees. Some exchanges charge a convenience fee for credit card transactions, which can range from 1% to 4% of the total transaction amount. However, there are also exchanges, like BYDFi, that offer fee-free purchases with a credit card. It's always a good idea to compare different exchanges and their fee structures to find the best option for your needs.
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