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What are the fees associated with trading cryptocurrencies on eToro in the US?

avatarbannyDec 17, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the fees associated with trading cryptocurrencies on eToro in the United States? I would like to know the different types of fees, their amounts, and how they are calculated.

What are the fees associated with trading cryptocurrencies on eToro in the US?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    When it comes to trading cryptocurrencies on eToro in the US, you'll encounter a few fees. The spread fee is the main fee, which is the difference between the buy and sell prices. This fee is already included in the displayed price. Additionally, there is a withdrawal fee for transferring your cryptocurrencies to an external wallet. The withdrawal fee varies depending on the cryptocurrency. It's important to note that eToro does not charge any deposit fees for funding your account with cryptocurrencies. As for BYDFi, they also offer competitive fees for cryptocurrency trading, but it's important to compare the fees and features of different exchanges to find the best fit for your trading needs.