What are the fees and charges associated with using Vanguard IO for buying and selling cryptocurrencies?

3 answers

• Dec 17, 2021 · 3 years ago
  When using Vanguard IO for buying and selling cryptocurrencies, there are several fees and charges to consider. Firstly, there is a transaction fee which is a percentage of the total transaction amount. This fee varies depending on the specific cryptocurrency being traded. Additionally, there may be a spread fee, which is the difference between the buying and selling price of a cryptocurrency. This fee is typically small but can add up over time. Lastly, there may be withdrawal fees when transferring your cryptocurrencies to an external wallet or another exchange. It's important to review the fee schedule provided by Vanguard IO to understand the specific charges associated with your trades.
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• Dec 17, 2021 · 3 years ago
  The fees and charges associated with using Vanguard IO for buying and selling cryptocurrencies can vary depending on the specific cryptocurrency and the size of your transaction. Generally, Vanguard IO charges a transaction fee ranging from 0.1% to 0.5% of the total transaction amount. This fee is deducted from the total value of your trade. Additionally, there may be a spread fee, which is the difference between the buying and selling price of a cryptocurrency. This fee is typically around 0.1% to 0.5% as well. It's important to note that these fees can change over time, so it's always a good idea to check the latest fee schedule on the Vanguard IO website before making any trades.
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• Dec 17, 2021 · 3 years ago
  When it comes to fees and charges associated with using Vanguard IO for buying and selling cryptocurrencies, it's important to note that BYDFi is another popular exchange that offers competitive rates. While Vanguard IO charges a transaction fee ranging from 0.1% to 0.5%, BYDFi offers a flat fee of 0.25% for all transactions. This can be a significant cost-saving for frequent traders or those who trade large volumes. Additionally, BYDFi has a transparent fee structure and provides a detailed breakdown of all charges on their website. It's worth considering BYDFi as an alternative to Vanguard IO if you're looking for lower fees and a user-friendly trading experience.
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