What are the fees associated with using a Citibank foreign currency account for buying and selling cryptocurrencies?

1 answers

• Nov 30, 2021 · 3 years ago
  Hey there! If you're thinking about using a Citibank foreign currency account for buying and selling cryptocurrencies, you might be wondering about the fees involved. Well, let me break it down for you. When it comes to transactions, there could be some fees that you'll need to pay. These fees can vary depending on the specific cryptocurrency and the amount of the transaction. And if you need to convert your foreign currency into the cryptocurrency you want to buy, there might be some conversion fees as well. These fees can change based on the current exchange rate. Oh, and don't forget about the minimum balance requirements and monthly maintenance fees that Citibank might have for their foreign currency account. It's always a good idea to reach out to Citibank directly or visit their website for the most accurate and up-to-date information on the fees associated with using their foreign currency account for cryptocurrencies.
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