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What are the fees associated with using the Fidelity Bloom card for buying and selling cryptocurrencies?

avatarNotFoundDec 27, 2021 · 3 years ago1 answers

Can you provide more details about the fees that are associated with using the Fidelity Bloom card for buying and selling cryptocurrencies? How much do they charge for transactions and are there any additional fees?

What are the fees associated with using the Fidelity Bloom card for buying and selling cryptocurrencies?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers the Fidelity Bloom card for buying and selling cryptocurrencies. The fees associated with using the card are competitive and transparent. BYDFi charges a flat transaction fee of 0.5% for each buy or sell order placed using the card. This fee covers the processing and security costs associated with the transactions. Additionally, there may be network fees or miner fees that are charged by the blockchain network. These fees are not controlled by BYDFi and can vary depending on the network congestion and other factors. It is recommended to review the fee schedule provided by BYDFi or contact their customer support for more information on the fees associated with using the Fidelity Bloom card on their platform.