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What is the fee structure for buying and selling Bitcoin on TD Ameritrade?

avatareu1906Dec 18, 2021 · 3 years ago3 answers

Can you explain the fee structure for buying and selling Bitcoin on TD Ameritrade in detail? How much does it cost to buy or sell Bitcoin on TD Ameritrade?

What is the fee structure for buying and selling Bitcoin on TD Ameritrade?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    The fee structure for buying and selling Bitcoin on TD Ameritrade is relatively straightforward. TD Ameritrade charges a flat fee of $6.95 per trade for all online equity trades, including Bitcoin. This means that whether you are buying or selling Bitcoin, you will be charged the same fee. It's important to note that this fee is in addition to any fees charged by the Bitcoin exchange or wallet you use to transact. So, if you buy Bitcoin on TD Ameritrade and then transfer it to a different wallet or exchange, you may incur additional fees. It's always a good idea to research and compare fees across different platforms before making any transactions.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to buying and selling Bitcoin on TD Ameritrade, you'll be charged a flat fee of $6.95 per trade. This means that regardless of the amount of Bitcoin you buy or sell, the fee remains the same. It's worth noting that this fee is separate from any fees charged by the Bitcoin exchange or wallet you use. So, if you're planning to buy Bitcoin on TD Ameritrade and then transfer it to another wallet or exchange, you may incur additional fees. It's always a good idea to consider the overall cost, including fees, when deciding where to buy or sell Bitcoin.
  • avatarDec 18, 2021 · 3 years ago
    The fee structure for buying and selling Bitcoin on TD Ameritrade is quite simple. For each trade, whether it's buying or selling Bitcoin, you'll be charged a flat fee of $6.95. This fee is in addition to any fees charged by the Bitcoin exchange or wallet you use. So, if you plan to buy Bitcoin on TD Ameritrade and then transfer it to another platform, you may incur additional fees. It's important to consider the total cost, including fees, when deciding where to buy or sell Bitcoin. If you have any specific questions about TD Ameritrade's fee structure, it's best to reach out to their customer support for more information.