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Are there any fees associated with buying crypto using ACH?

avatarAndrea CattarinichNov 23, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when buying cryptocurrency using ACH?

Are there any fees associated with buying crypto using ACH?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    Yes, there may be fees associated with buying crypto using ACH. It depends on the platform or exchange you are using. Some exchanges charge a flat fee for ACH transfers, while others may charge a percentage-based fee. It's important to check the fee structure of the platform or exchange you are using before making a purchase.
  • avatarNov 23, 2021 · 3 years ago
    Buying crypto using ACH can come with fees. These fees can vary depending on the exchange or platform you are using. Some exchanges charge a fixed fee, while others may charge a percentage of the transaction amount. It's always a good idea to review the fee structure of the platform or exchange before making a purchase.
  • avatarNov 23, 2021 · 3 years ago
    When buying crypto using ACH, there may be fees involved. For example, on BYDFi, there is a flat fee of 1% for ACH transfers. However, this fee may vary on other platforms or exchanges. It's important to do your research and compare the fee structures of different platforms before making a decision.