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Are there any fees or charges when receiving money from Apple Pay with cryptocurrencies?

avatarAreif MunandarDec 15, 2021 · 3 years ago3 answers

Can you tell me if there are any fees or charges associated with receiving money from Apple Pay using cryptocurrencies? I'm interested in knowing if there are any additional costs involved when using Apple Pay for cryptocurrency transactions.

Are there any fees or charges when receiving money from Apple Pay with cryptocurrencies?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there may be fees or charges when receiving money from Apple Pay with cryptocurrencies. The specific fees and charges can vary depending on the cryptocurrency exchange or wallet you are using. It is important to check the terms and conditions of the exchange or wallet provider to understand the fees involved. Some exchanges may charge a transaction fee or a percentage of the transaction amount, while others may have a flat fee for receiving money through Apple Pay. It is recommended to compare the fees of different exchanges or wallets before making a transaction.
  • avatarDec 15, 2021 · 3 years ago
    No, there are no fees or charges when receiving money from Apple Pay with cryptocurrencies. Apple Pay itself does not charge any fees for using its service with cryptocurrencies. However, it is important to note that the cryptocurrency exchange or wallet you are using may have their own fees and charges. It is advisable to check the terms and conditions of the exchange or wallet provider to understand the fees involved.
  • avatarDec 15, 2021 · 3 years ago
    When receiving money from Apple Pay with cryptocurrencies, there may be fees or charges depending on the platform you are using. For example, BYDFi, a popular cryptocurrency exchange, charges a small fee for receiving money through Apple Pay. However, the fees are generally low and competitive compared to other exchanges. It is recommended to check the fees and charges of the specific platform you are using to get a clear understanding of the costs involved.