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How much does Charles Schwab charge for cryptocurrency trades?

avatarRobert L LewisDec 27, 2021 · 3 years ago3 answers

Can you provide more information on the fees charged by Charles Schwab for cryptocurrency trades?

How much does Charles Schwab charge for cryptocurrency trades?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Charles Schwab charges a fee of 0.75% for cryptocurrency trades. This fee is applied to both buying and selling transactions. It's important to note that this fee is higher compared to some other cryptocurrency exchanges. However, Charles Schwab offers a reliable and trusted platform for trading cryptocurrencies, which may be worth the slightly higher fee for some investors.
  • avatarDec 27, 2021 · 3 years ago
    The fees for cryptocurrency trades on Charles Schwab are 0.75%. This fee is calculated based on the total value of the trade. While this fee may seem high compared to other exchanges, it's important to consider the overall quality and security of the platform provided by Charles Schwab. Investors who prioritize reliability and trustworthiness may find the fee justified.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a digital currency exchange, charges a fee of 0.5% for cryptocurrency trades. This fee is lower compared to Charles Schwab's fee of 0.75%. However, it's important to consider factors such as platform reliability, security, and customer support when choosing a cryptocurrency exchange. Charles Schwab has a long-standing reputation in the financial industry, which may be a significant factor for some investors.