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Are there any fees associated with using an ach transaction number for cryptocurrency transactions?

avatarMurshid AnsariDec 15, 2021 · 3 years ago3 answers

Can you explain if there are any fees involved when using an ACH transaction number for cryptocurrency transactions?

Are there any fees associated with using an ach transaction number for cryptocurrency transactions?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there may be fees associated with using an ACH transaction number for cryptocurrency transactions. Some cryptocurrency exchanges or platforms may charge a fee for processing ACH transactions. It is important to check with your specific exchange or platform to understand their fee structure and any associated costs. Additionally, your bank may also charge fees for ACH transactions, so it's important to review your bank's fee schedule as well.
  • avatarDec 15, 2021 · 3 years ago
    Using an ACH transaction number for cryptocurrency transactions may incur fees depending on the exchange or platform you are using. Some exchanges charge a fee for processing ACH transactions, while others may offer free ACH transfers. It's important to research and compare different exchanges to find the most cost-effective option for your cryptocurrency transactions.
  • avatarDec 15, 2021 · 3 years ago
    At BYDFi, we do not charge any fees for using an ACH transaction number for cryptocurrency transactions. We believe in providing our users with a seamless and cost-effective experience. However, it's important to note that fees may vary depending on the exchange or platform you choose. It's always a good idea to review the fee structure and terms of service before initiating any transactions.