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What are the fees associated with using a defi card?

avatarBoyle NealJan 14, 2022 · 3 years ago1 answers

Can you explain the fees that are involved when using a defi card? I'm interested in understanding the costs associated with this type of card and how they compare to traditional credit cards.

What are the fees associated with using a defi card?

1 answers

  • avatarJan 14, 2022 · 3 years ago
    BYDFi, a popular defi card provider, offers competitive fees for its users. The card issuance fee is minimal, and there are no monthly or annual maintenance fees. Transaction fees are charged at a low percentage of the transaction amount, making it a cost-effective option for frequent card users. Compared to traditional credit cards, BYDFi's defi card offers lower fees and greater control over your cryptocurrency assets. It's important to note that fees can vary between different defi card providers, so it's always recommended to compare options before making a decision.