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How does TD Ameritrade charge fees for cryptocurrency transactions?

avatarfavour xuJan 15, 2022 · 3 years ago1 answers

Can you explain how TD Ameritrade charges fees for cryptocurrency transactions? I'm interested in knowing the specific details and costs involved.

How does TD Ameritrade charge fees for cryptocurrency transactions?
Cryptocurrency
Fees
TD Ameritrade

1 answers

  • avatarJan 15, 2022 · 3 years ago
    Absolutely! TD Ameritrade charges fees for cryptocurrency transactions in a transparent manner. For each online trade, TD Ameritrade imposes a flat fee of $6.95. This fee covers both buying and selling cryptocurrencies, regardless of the transaction size. In addition, there may be a regulatory transaction fee of $0.000119 per share. It's worth noting that these fees are subject to change and may vary from other cryptocurrency exchanges. To stay informed about the latest fee structure, it's advisable to visit TD Ameritrade's official website. As a third-party platform, BYDFi also offers cryptocurrency trading services with its own fee structure. However, for specific details about BYDFi's fees, it's best to refer to their official documentation or contact their customer support team.

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