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Are there any fees when buying crypto with ach transfer?

avatarAlexandre BadiDec 17, 2021 · 3 years ago3 answers

What are the fees associated with purchasing cryptocurrency using an ACH transfer?

Are there any fees when buying crypto with ach transfer?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When buying cryptocurrency with an ACH transfer, there may be fees involved. The specific fees can vary depending on the platform or exchange you are using. Some exchanges charge a flat fee for ACH transfers, while others may charge a percentage-based fee. It's important to check the fee structure of the exchange or platform you are using before making a purchase to understand the cost involved. Additionally, some exchanges may offer fee discounts or promotions for ACH transfers, so it's worth exploring different options to find the most cost-effective way to buy crypto with ACH.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there can be fees when purchasing cryptocurrency with an ACH transfer. These fees are typically charged by the exchange or platform you are using to buy crypto. The fees can vary depending on the platform and the amount of crypto you are purchasing. It's important to review the fee structure of the exchange before making a purchase to understand the cost involved. Some exchanges may offer lower fees for ACH transfers compared to other payment methods, so it's worth considering this option if you want to minimize fees.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to buying crypto with an ACH transfer, fees can vary depending on the exchange or platform you choose. Some exchanges charge a flat fee for ACH transfers, while others may have a percentage-based fee. It's important to research and compare different exchanges to find the one with the most favorable fee structure for ACH transfers. Additionally, keep in mind that fees may also depend on the amount of crypto you are purchasing. Some exchanges offer fee discounts for larger purchases, so it's worth considering the potential savings when deciding on the amount to buy.