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Can I trade cryptocurrencies on TD Ameritrade without paying any fees?

avatarLeon_ScootNov 26, 2021 · 3 years ago3 answers

Is it possible to trade cryptocurrencies on TD Ameritrade without incurring any fees?

Can I trade cryptocurrencies on TD Ameritrade without paying any fees?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, you can trade cryptocurrencies on TD Ameritrade without paying any fees. TD Ameritrade offers commission-free trading for certain cryptocurrencies, including Bitcoin and Ethereum. This means that you can buy and sell these cryptocurrencies without incurring any trading fees. However, it's important to note that there may still be other fees associated with trading cryptocurrencies, such as network fees or spread fees.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! TD Ameritrade allows you to trade cryptocurrencies without any fees. This is a great advantage for traders who want to minimize their trading costs. With commission-free trading, you can buy and sell cryptocurrencies without worrying about additional fees eating into your profits. Just keep in mind that there may still be other costs involved, such as network fees or market spread.
  • avatarNov 26, 2021 · 3 years ago
    Yes, you can trade cryptocurrencies on TD Ameritrade without paying any fees. TD Ameritrade offers commission-free trading for select cryptocurrencies, making it a cost-effective option for cryptocurrency traders. This means that you can execute trades without incurring any additional charges. However, it's important to consider other factors such as liquidity and security when choosing a platform for cryptocurrency trading. BYDFi, for example, is another popular exchange that offers competitive fees and a wide range of cryptocurrencies to trade.