common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with buying Bitcoin Cash instantly with a debit card?

avatarAndrew FrappaDec 15, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when purchasing Bitcoin Cash instantly using a debit card? I want to know if there are any additional costs or charges that I should be aware of before making the purchase.

Are there any fees associated with buying Bitcoin Cash instantly with a debit card?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are usually fees associated with buying Bitcoin Cash instantly with a debit card. These fees can vary depending on the platform or exchange you use. It's important to check the fee structure of the specific platform you plan to use before making a purchase. Some platforms may charge a flat fee, while others may charge a percentage of the transaction amount. Additionally, some platforms may also have additional fees for depositing or withdrawing funds. Make sure to read the terms and conditions and fee schedule of the platform to understand the full cost involved.
  • avatarDec 15, 2021 · 3 years ago
    Buying Bitcoin Cash instantly with a debit card often incurs fees. These fees are typically charged by the exchange or platform you use to make the purchase. The fees can vary and may be based on a percentage of the transaction amount or a flat fee. It's important to compare different platforms and their fee structures to find the most cost-effective option. Additionally, keep in mind that there may be other fees involved, such as network fees or fees charged by your bank for using a debit card for cryptocurrency purchases.
  • avatarDec 15, 2021 · 3 years ago
    When buying Bitcoin Cash instantly with a debit card, fees are usually involved. Different platforms or exchanges may have different fee structures, so it's important to do your research and compare options. Some platforms may charge a flat fee, while others may charge a percentage of the transaction amount. It's also worth noting that there may be additional fees for depositing or withdrawing funds. To get the most accurate information on fees, I recommend checking the website or contacting the customer support of the platform you plan to use. They will be able to provide you with the specific fee details and any other relevant information.