What are the fees for buying crypto through Fidelity?
Domenico AltavillaNov 28, 2021 · 3 years ago3 answers
Can you provide details on the fees associated with purchasing cryptocurrencies through Fidelity? I would like to know the costs involved before making any transactions.
3 answers
- Nov 28, 2021 · 3 years agoWhen buying crypto through Fidelity, there are certain fees you need to be aware of. Fidelity charges a trading fee of 0.25% for each transaction. Additionally, there may be network fees associated with the specific cryptocurrency you are purchasing. These network fees are determined by the blockchain network and can vary depending on the network congestion and transaction size. It's always a good idea to check the current network fees before making a purchase.
- Nov 28, 2021 · 3 years agoThe fees for buying crypto through Fidelity include a trading fee of 0.25% per transaction. In addition to the trading fee, there may be network fees charged by the blockchain network for processing your transaction. These network fees are not controlled by Fidelity and can vary depending on the cryptocurrency you are purchasing. It's important to consider these fees when calculating the total cost of your crypto purchase.
- Nov 28, 2021 · 3 years agoWhen purchasing cryptocurrencies through Fidelity, you will be charged a trading fee of 0.25% per transaction. This fee covers the cost of executing your trade on the Fidelity platform. In addition to the trading fee, there may be network fees associated with the specific cryptocurrency you are buying. These network fees are determined by the blockchain network and are used to incentivize miners to process and validate transactions. It's worth noting that different cryptocurrencies may have different network fees, so it's important to consider these fees when buying crypto through Fidelity or any other exchange.
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