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What are the fees involved in converting 59 CAD to USD using a cryptocurrency platform?

avatarOscar_SunDec 29, 2021 · 3 years ago1 answers

I want to convert 59 CAD to USD using a cryptocurrency platform. Can you please provide me with information about the fees involved in this conversion? Specifically, I would like to know the transaction fees, exchange rate fees, and any other fees that may be applicable. Additionally, I'm interested in knowing if there are any minimum or maximum limits for this conversion. Thank you!

What are the fees involved in converting 59 CAD to USD using a cryptocurrency platform?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, when converting 59 CAD to USD using our cryptocurrency platform, you will encounter fees. We charge a transaction fee of 0.5% for each conversion. This fee covers the costs associated with processing the transaction securely and efficiently. Additionally, there may be exchange rate fees involved. Our platform offers competitive rates, but there may be a slight difference from the market rate due to the spread applied. We do not have any minimum or maximum limits for this conversion, allowing you the flexibility to convert any amount within your account balance. If you have any further questions or need assistance with the conversion process, feel free to reach out to our support team.