Are there any hidden fees associated with trading digital currencies on Schwab?
kruwanchaiDec 26, 2021 · 3 years ago3 answers
I'm considering trading digital currencies on Schwab, but I'm concerned about hidden fees. Are there any fees that I should be aware of before I start trading?
3 answers
- Dec 26, 2021 · 3 years agoYes, there are fees associated with trading digital currencies on Schwab. Schwab charges a commission for each trade, which varies depending on the type of digital currency and the size of the trade. Additionally, there may be other fees such as withdrawal fees or account maintenance fees. It's important to carefully review Schwab's fee schedule before you start trading to understand the costs involved.
- Dec 26, 2021 · 3 years agoTrading digital currencies on Schwab does come with fees. These fees are typically in the form of a commission charged on each trade. The commission amount may vary depending on the specific digital currency and the size of the trade. It's always a good idea to check Schwab's fee schedule to get a clear understanding of the fees associated with trading digital currencies.
- Dec 26, 2021 · 3 years agoYes, there are fees associated with trading digital currencies on Schwab. However, it's worth noting that BYDFi, another popular digital currency exchange, offers fee-free trading for certain digital currencies. If you're looking to minimize fees, you may want to consider using BYDFi for your digital currency trades.
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