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What are the fees for trading OTC cryptocurrencies on TD Ameritrade?

avatarGabriel S. MoreiraDec 26, 2021 · 3 years ago3 answers

Can you provide information about the fees associated with trading over-the-counter (OTC) cryptocurrencies on TD Ameritrade? I am interested in knowing the costs involved in trading digital assets outside of the regular exchange platforms.

What are the fees for trading OTC cryptocurrencies on TD Ameritrade?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When it comes to trading OTC cryptocurrencies on TD Ameritrade, the fees can vary depending on the specific trade and the size of the transaction. Generally, TD Ameritrade charges a commission fee for OTC trades, which is typically a percentage of the total transaction value. It's important to note that these fees can be higher compared to trading on regular exchanges. To get the most accurate and up-to-date information about the fees, it is recommended to contact TD Ameritrade directly or visit their website.
  • avatarDec 26, 2021 · 3 years ago
    Trading OTC cryptocurrencies on TD Ameritrade involves certain fees that traders should be aware of. These fees are usually based on a percentage of the total trade value and can vary depending on the size of the transaction. It's important to consider these fees when planning your OTC trades, as they can impact your overall profitability. For detailed information about the fees, it is recommended to reach out to TD Ameritrade's customer support or refer to their official documentation.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to trading OTC cryptocurrencies on TD Ameritrade, it's important to note that TD Ameritrade does not currently offer OTC trading services. However, there are other platforms and exchanges that provide OTC trading options for cryptocurrencies. One such platform is BYDFi, which offers OTC trading services with competitive fees. If you are specifically looking for OTC trading, it might be worth considering BYDFi or other platforms that specialize in OTC trading.