Are there any additional fees for using Sofi's automated investing feature for cryptocurrencies?

3 answers

• May 02, 2022 · 3 years ago
  Yes, there are additional fees for using Sofi's automated investing feature for cryptocurrencies. Sofi charges a management fee of 1.25% per year on the total value of your cryptocurrency investments. This fee covers the cost of managing and rebalancing your portfolio to ensure optimal performance. It's important to consider this fee when calculating your potential returns.
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• May 02, 2022 · 3 years ago
  Absolutely! Sofi's automated investing feature for cryptocurrencies does come with additional fees. They charge a management fee of 1.25% per year on the total value of your investments. This fee is used to cover the costs of maintaining and optimizing your portfolio. While it's important to be aware of these fees, it's also worth noting that Sofi's automated investing feature can help save you time and effort in managing your cryptocurrency investments.
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• May 02, 2022 · 3 years ago
  Yes, there are additional fees for using Sofi's automated investing feature for cryptocurrencies. However, the convenience and potential benefits of this feature may outweigh the costs for some investors. Sofi charges a management fee of 1.25% per year on the total value of your cryptocurrency investments. This fee covers the expenses associated with managing and maintaining your portfolio, including rebalancing and adjusting your investments as needed. It's important to carefully consider these fees and weigh them against the potential benefits before deciding to use this feature.
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