common-close-0
BYDFi
Trade wherever you are!

What are the fees for trading crypto on Wealthsimple?

avatarAndrew LeonardDec 29, 2021 · 3 years ago3 answers

Can you provide more details about the fees associated with trading cryptocurrencies on Wealthsimple? I'm interested in knowing the fees for buying and selling crypto, as well as any other fees that may be applicable.

What are the fees for trading crypto on Wealthsimple?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    When it comes to trading cryptocurrencies on Wealthsimple, there are a few fees to keep in mind. First, there is a trading fee of 1.5% for both buying and selling crypto. This fee is calculated based on the total value of the transaction. Additionally, Wealthsimple charges a network fee for each transaction, which covers the cost of processing the transaction on the blockchain. The network fee varies depending on the cryptocurrency you are trading. It's important to note that these fees are subject to change and it's always a good idea to check the Wealthsimple website for the most up-to-date information.
  • avatarDec 29, 2021 · 3 years ago
    Trading crypto on Wealthsimple comes with a 1.5% trading fee. This fee applies to both buying and selling cryptocurrencies and is calculated based on the total value of the transaction. In addition to the trading fee, there is also a network fee that is charged for each transaction. The network fee covers the cost of processing the transaction on the blockchain and varies depending on the cryptocurrency being traded. It's worth noting that these fees are subject to change and it's recommended to visit the Wealthsimple website for the latest fee information.
  • avatarDec 29, 2021 · 3 years ago
    When you trade cryptocurrencies on Wealthsimple, you'll encounter a trading fee of 1.5% for both buying and selling. This fee is based on the total value of your transaction. Additionally, there is a network fee associated with each transaction, which covers the cost of processing the transaction on the blockchain. The network fee varies depending on the specific cryptocurrency you are trading. Keep in mind that these fees are subject to change, so it's a good idea to check the Wealthsimple website for the most accurate and up-to-date fee information.