What are the fees charged by Plaid for cryptocurrency transactions?

3 answers

• Nov 28, 2021 · 3 years ago
  Plaid charges fees for cryptocurrency transactions to cover the costs associated with processing and facilitating these transactions. The fees vary depending on the type of transaction and the amount involved. It is important to note that Plaid does not set the fees directly, but rather works with the cryptocurrency exchanges to determine the fees. The fees can be a fixed percentage of the transaction amount or a flat fee. It is recommended to check with the specific cryptocurrency exchange you are using to get accurate information on the fees charged by Plaid for cryptocurrency transactions.
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• Nov 28, 2021 · 3 years ago
  When it comes to fees charged by Plaid for cryptocurrency transactions, it's important to understand that Plaid acts as an intermediary between the cryptocurrency exchanges and the users. As such, the fees charged by Plaid can vary depending on the specific exchange you are using. Some exchanges may charge a flat fee for transactions facilitated through Plaid, while others may charge a percentage of the transaction amount. It's always a good idea to check with the exchange you are using to get a clear understanding of the fees involved.
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• Nov 28, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, works with Plaid to facilitate cryptocurrency transactions. When using BYDFi, the fees charged by Plaid for cryptocurrency transactions are determined by BYDFi and may vary depending on the specific transaction and the amount involved. It is recommended to check with BYDFi for accurate information on the fees charged by Plaid for cryptocurrency transactions.
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