What are the fees and charges associated with buying and selling digital currencies on Fidelity and Charles Schwab?
Devine TysonDec 26, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the fees and charges that are involved when buying and selling digital currencies on Fidelity and Charles Schwab?
3 answers
- Dec 26, 2021 · 3 years agoWhen it comes to buying and selling digital currencies on Fidelity and Charles Schwab, there are certain fees and charges that you should be aware of. Fidelity charges a transaction fee of 1.5% for buying or selling digital currencies, while Charles Schwab charges a fee of 1.75%. Additionally, both platforms may also charge a spread fee, which is the difference between the buy and sell price of a digital currency. It's important to note that these fees and charges may vary depending on the specific digital currency and the amount of the transaction. It's always a good idea to review the fee schedule provided by Fidelity and Charles Schwab for the most accurate and up-to-date information.
- Dec 26, 2021 · 3 years agoBuying and selling digital currencies on Fidelity and Charles Schwab comes with its fair share of fees and charges. Fidelity charges a transaction fee of 1.5% for each buy or sell order, while Charles Schwab charges a slightly higher fee of 1.75%. In addition to these transaction fees, both platforms may also charge a spread fee, which is the difference between the buy and sell price of a digital currency. It's important to consider these fees when making your investment decisions. Keep in mind that fees and charges may vary depending on the specific digital currency and the size of your transaction. Make sure to review the fee schedule provided by Fidelity and Charles Schwab for the most accurate information.
- Dec 26, 2021 · 3 years agoWhen it comes to buying and selling digital currencies on Fidelity and Charles Schwab, it's important to understand the fees and charges involved. Fidelity charges a transaction fee of 1.5% for each buy or sell order, while Charles Schwab charges a slightly higher fee of 1.75%. These fees are in addition to any spread fees, which are the difference between the buy and sell price of a digital currency. It's worth noting that these fees may vary depending on the specific digital currency and the size of your transaction. To get the most accurate and up-to-date information on fees and charges, it's recommended to review the fee schedule provided by Fidelity and Charles Schwab.
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