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Does Charles Schwab charge any fees for buying or selling cryptocurrencies?

avatarAyethiriDec 17, 2021 · 3 years ago3 answers

I would like to know if Charles Schwab charges any fees for buying or selling cryptocurrencies. Can you provide more information on the fees associated with cryptocurrency transactions on Charles Schwab?

Does Charles Schwab charge any fees for buying or selling cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, Charles Schwab does charge fees for buying or selling cryptocurrencies. The fees vary depending on the type of transaction and the amount being traded. It is important to note that these fees are in addition to any fees charged by the cryptocurrency exchange itself. It is recommended to review the fee schedule provided by Charles Schwab or consult with a representative to get a clear understanding of the fees involved.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Charles Schwab charges fees for buying or selling cryptocurrencies. The fees can be a percentage of the transaction amount or a flat fee, depending on the specific cryptocurrency and the transaction size. It's always a good idea to check the fee structure before making any transactions to avoid surprises.
  • avatarDec 17, 2021 · 3 years ago
    Yes, Charles Schwab does charge fees for buying or selling cryptocurrencies. However, it's important to note that these fees are not set by Charles Schwab themselves, but rather by the cryptocurrency exchange they partner with. Each exchange has its own fee structure, so it's advisable to check the specific fees associated with the exchange used by Charles Schwab. If you're looking for a fee-free option, you may want to consider using a different cryptocurrency exchange that offers lower or no fees for transactions.