Are there any fees associated with trading digital assets on Sofi?
NxPKGDec 15, 2021 · 3 years ago3 answers
Can you tell me if there are any fees that I need to pay when trading digital assets on Sofi? I'm interested in knowing if there are any transaction fees, withdrawal fees, or any other fees that I should be aware of. It would be great if you could provide some details about the fee structure on Sofi.
3 answers
- Dec 15, 2021 · 3 years agoYes, there are fees associated with trading digital assets on Sofi. Sofi charges a transaction fee of 1.25% for each trade. This fee is applied to both buying and selling digital assets. Additionally, there might be withdrawal fees depending on the specific digital asset you are trading. It's important to review the fee schedule on Sofi's website for the most accurate and up-to-date information.
- Dec 15, 2021 · 3 years agoTrading digital assets on Sofi does come with fees. The transaction fee is 1.25% for each trade, which applies to both buying and selling. Sofi also charges withdrawal fees for certain digital assets. Make sure to check the fee schedule on Sofi's platform to get a clear understanding of the fees associated with your specific trades.
- Dec 15, 2021 · 3 years agoWhen it comes to trading digital assets on Sofi, there are indeed fees involved. Sofi charges a transaction fee of 1.25% for each trade, regardless of whether you are buying or selling. It's worth noting that there might be additional withdrawal fees depending on the digital asset you are trading. To get a complete picture of the fees, I recommend checking Sofi's official website or contacting their customer support for the most accurate and detailed information.
Related Tags
Hot Questions
- 88
What are the best practices for reporting cryptocurrency on my taxes?
- 85
Are there any special tax rules for crypto investors?
- 85
What are the best digital currencies to invest in right now?
- 74
What is the future of blockchain technology?
- 70
How can I minimize my tax liability when dealing with cryptocurrencies?
- 63
How can I buy Bitcoin with a credit card?
- 49
How does cryptocurrency affect my tax return?
- 49
How can I protect my digital assets from hackers?