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What are the fees and charges associated with using BMO Harris IRA for cryptocurrency investments?

avatarLalith KrishnaNov 23, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the fees and charges associated with using BMO Harris IRA for cryptocurrency investments? I would like to understand the costs involved before making any investment decisions.

What are the fees and charges associated with using BMO Harris IRA for cryptocurrency investments?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    As an expert in the field, I can provide some insights into the fees and charges associated with using BMO Harris IRA for cryptocurrency investments. BMO Harris may charge an annual account maintenance fee, which covers the administrative costs of managing the IRA. Additionally, there may be transaction fees for buying and selling cryptocurrencies within the IRA. These fees can vary depending on the specific cryptocurrencies and the volume of trades. It's important to note that fees are subject to change, so it's always a good idea to check with BMO Harris for the most up-to-date fee structure. Remember, fees are just one aspect to consider when choosing an IRA provider for cryptocurrency investments. It's also important to evaluate the platform's security, customer support, and overall reputation in the industry.