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What are the fees associated with using Sofi for cryptocurrency transactions?

avatarHawkins OutzenDec 16, 2021 · 3 years ago1 answers

Can you provide a detailed description of the fees associated with using Sofi for cryptocurrency transactions? I would like to know the specific fees involved in using Sofi for buying, selling, and transferring cryptocurrencies.

What are the fees associated with using Sofi for cryptocurrency transactions?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    As a representative of BYDFi, I can provide some insights into the fees associated with using Sofi for cryptocurrency transactions. Sofi charges a transaction fee for each buy or sell order placed on their platform. The fee structure is based on a percentage of the transaction amount and can vary depending on the specific cryptocurrency being traded. Additionally, there may be network fees associated with transferring cryptocurrencies to and from your Sofi wallet. These network fees are determined by the respective blockchain networks and can fluctuate based on network congestion and other factors. It's important to review the latest fee schedule on the Sofi website or contact their customer support for the most accurate and up-to-date information on fees.