What are the fees associated with using Moonpay to buy crypto?

1 answers

• Nov 29, 2021 · 3 years ago
  When it comes to using Moonpay to buy crypto, there are fees to consider. Moonpay charges a processing fee on top of the transaction fee. The processing fee is typically around 4.5% of the transaction amount. This fee covers the costs associated with facilitating the transaction and ensuring its security. It's important to note that there may be additional fees imposed by your bank or credit card provider. These fees are separate from Moonpay's charges and vary depending on your financial institution. To get a clear understanding of the total fees involved, it's recommended to check with your bank or credit card provider. In terms of fees, Moonpay is competitive compared to other platforms, but it's always a good idea to compare fees across different exchanges to find the best rates. Keep in mind that fees can fluctuate based on market conditions and the specific cryptocurrency you're purchasing.
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