Are there any hidden fees when buying or selling cryptocurrencies on Schwab?

3 answers

• Dec 17, 2021 · 3 years ago
  When buying or selling cryptocurrencies on Schwab, there may be some fees involved. It's important to review Schwab's fee schedule to understand the specific charges. While Schwab does not charge a commission for online equity trades, they may charge other fees such as transaction fees, regulatory fees, or spread markups. These fees can vary depending on the type of cryptocurrency and the size of the transaction. It's always a good idea to check with Schwab or consult their website for the most up-to-date fee information.
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• Dec 17, 2021 · 3 years ago
  Yes, there may be hidden fees when buying or selling cryptocurrencies on Schwab. It's crucial to carefully read through Schwab's terms and conditions to understand all the fees associated with cryptocurrency transactions. Some common fees include transaction fees, withdrawal fees, and exchange fees. These fees can vary depending on the specific cryptocurrency and the amount of the transaction. It's advisable to contact Schwab directly or visit their website for detailed fee information and to ensure you are fully aware of all costs before making any transactions.
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• Dec 17, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that there are fees associated with buying or selling cryptocurrencies on Schwab. However, it's important to note that these fees are not hidden and are clearly outlined in Schwab's fee schedule. The fees may include transaction fees, spread markups, and regulatory fees. The specific fees can vary depending on the type of cryptocurrency and the size of the transaction. To get the most accurate and up-to-date fee information, I recommend visiting Schwab's website or contacting their customer support. They will be able to provide you with a comprehensive breakdown of all the fees involved.
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