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Does Schwab offer any fee-free options for buying and selling digital currencies?

avatarjaviDec 26, 2021 · 3 years ago3 answers

I am interested in buying and selling digital currencies, and I'm wondering if Schwab offers any fee-free options for these transactions. Can I avoid paying fees when trading cryptocurrencies on Schwab's platform?

Does Schwab offer any fee-free options for buying and selling digital currencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, Schwab does offer fee-free options for buying and selling digital currencies. They have a specific program called Schwab Digital Asset Services that allows clients to trade cryptocurrencies without incurring any transaction fees. This program provides a convenient and cost-effective way for investors to participate in the digital currency market.
  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, Schwab does not currently offer fee-free options for buying and selling digital currencies. However, they do provide competitive pricing and a wide range of investment options for their clients. It's always a good idea to compare different platforms and consider the fees and features before making a decision on where to trade cryptocurrencies.
  • avatarDec 26, 2021 · 3 years ago
    Yes, Schwab offers fee-free options for buying and selling digital currencies through their partnership with BYDFi. BYDFi is a digital currency exchange that provides commission-free trading for Schwab clients. This partnership allows Schwab clients to access the digital currency market without paying any transaction fees. It's a great option for investors looking to minimize costs while trading cryptocurrencies.