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How can I minimize the $15 maintenance fee for my cryptocurrency account with TD Bank?

avatarEngberg LockhartDec 28, 2021 · 3 years ago3 answers

I recently opened a cryptocurrency account with TD Bank and noticed that there is a $15 maintenance fee. Is there any way I can minimize or avoid this fee? I want to make sure I'm not losing too much money on fees while managing my cryptocurrency investments.

How can I minimize the $15 maintenance fee for my cryptocurrency account with TD Bank?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One way to minimize the $15 maintenance fee for your cryptocurrency account with TD Bank is to maintain a higher account balance. Some banks offer fee waivers for customers who maintain a certain minimum balance in their accounts. Check with TD Bank to see if they have any such policies in place for cryptocurrency accounts. Additionally, you can also consider consolidating your cryptocurrency investments into a single account to reduce the number of maintenance fees you have to pay. This way, you can focus on managing one account and potentially save on fees.
  • avatarDec 28, 2021 · 3 years ago
    Hey there! If you want to minimize the $15 maintenance fee for your cryptocurrency account with TD Bank, you can try reaching out to their customer support. Sometimes, they may have special promotions or offers that can help you reduce or waive the fee. It's always worth asking! Another option is to explore other cryptocurrency exchanges or banks that offer lower or no maintenance fees. Do some research and compare the fee structures of different platforms to find the best option for you.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we understand that fees can eat into your cryptocurrency investments. While we can't directly help with TD Bank's maintenance fee, we recommend considering alternative cryptocurrency exchanges that offer lower fees. There are many exchanges out there with competitive fee structures that can help you minimize costs. Do your due diligence and compare the fee schedules of different exchanges to find the one that suits your needs. Remember, every dollar saved on fees is a dollar earned in your investment portfolio!