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Are there any fees associated with using a BlockFi card for purchasing cryptocurrencies?

avatarMcCartney AlexandersenDec 18, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to be aware of when using a BlockFi card to purchase cryptocurrencies? I want to make sure I understand the costs involved before I start using the card.

Are there any fees associated with using a BlockFi card for purchasing cryptocurrencies?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with using a BlockFi card for purchasing cryptocurrencies. When you make a purchase with the card, there is a transaction fee of 1.5%. This fee is applied to the total amount of the purchase and is deducted from your BlockFi card balance. It's important to keep this fee in mind when using the card to ensure you have enough funds to cover the transaction and any additional fees that may be incurred.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! When you use a BlockFi card to buy cryptocurrencies, there is a fee of 1.5% on each transaction. This fee is automatically deducted from your card balance. So, if you're planning to make a purchase of $100 worth of cryptocurrencies, you'll be charged an additional $1.50 as a fee. It's always a good idea to consider these fees when using the card for purchasing cryptocurrencies.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with using a BlockFi card for purchasing cryptocurrencies. The fee is 1.5% of the total transaction amount. For example, if you make a purchase of $100 worth of cryptocurrencies, you will be charged a fee of $1.50. It's important to note that this fee is subject to change and may vary depending on the specific terms and conditions of your BlockFi card. Make sure to review the fee structure and terms before using the card for purchasing cryptocurrencies.