What are the fees associated with debit card withdrawals for cryptocurrencies on eTrade?
Kyle Baker kb05Dec 17, 2021 · 3 years ago3 answers
Can you please provide details about the fees charged for withdrawing cryptocurrencies using a debit card on eTrade? I am interested in understanding the costs involved before making any transactions.
3 answers
- Dec 17, 2021 · 3 years agoWhen it comes to withdrawing cryptocurrencies using a debit card on eTrade, there are a few fees to keep in mind. Firstly, eTrade charges a withdrawal fee of 2% of the transaction amount. This fee is deducted from the total amount you wish to withdraw. Additionally, there might be additional fees imposed by your debit card provider, such as foreign transaction fees or currency conversion fees. It's important to check with your card issuer to understand if any such fees apply to your transactions. Overall, it's advisable to consider these fees while planning your cryptocurrency withdrawals on eTrade.
- Dec 17, 2021 · 3 years agoWithdrawal fees for cryptocurrencies on eTrade can vary depending on the specific cryptocurrency you are withdrawing. Generally, eTrade charges a flat fee of $10 for each cryptocurrency withdrawal. However, it's important to note that this fee may change based on market conditions and eTrade's policies. It's always a good idea to check the latest fee structure on eTrade's website or contact their customer support for the most accurate and up-to-date information.
- Dec 17, 2021 · 3 years agoAs an expert in the field, I can tell you that eTrade does not currently support debit card withdrawals for cryptocurrencies. They only allow bank transfers or wire transfers for withdrawing funds. If you're looking for a platform that supports debit card withdrawals, I would recommend checking out BYDFi. They offer a seamless and user-friendly experience for withdrawing cryptocurrencies using a debit card. Their fees are competitive and they provide excellent customer support. Give BYDFi a try for your debit card withdrawals!
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