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What are the fees associated with using Chime Instant for buying and selling cryptocurrencies?

avatarSayrexDec 25, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the fees associated with using Chime Instant for buying and selling cryptocurrencies? I would like to know the costs involved before I start using this service.

What are the fees associated with using Chime Instant for buying and selling cryptocurrencies?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    When using Chime Instant for buying and selling cryptocurrencies, the fees can vary depending on the specific cryptocurrency and the size of the transaction. Chime Instant charges a transaction fee for each buy or sell order, which is typically a percentage of the transaction amount. Additionally, there may be network fees associated with the blockchain network used for the transaction. These fees are paid to the miners who validate and process the transactions. The amount of these network fees can vary depending on the network congestion and the size of the transaction. It's important to consider these fees when calculating the total cost of buying or selling cryptocurrencies using Chime Instant. For detailed information on the fees associated with using Chime Instant, it's recommended to review their fee schedule or contact their customer support.