Are there any fees associated with buying crypto with INR?

3 answers

• May 09, 2022 · 3 years ago
  Yes, there are fees associated with buying crypto with INR. When using certain cryptocurrency exchanges, you may be charged a transaction fee for buying crypto with INR. These fees can vary depending on the exchange and the amount of crypto you are purchasing. It's important to check the fee structure of the exchange you are using before making a purchase to understand the costs involved.
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• May 09, 2022 · 3 years ago
  Absolutely! Just like any other financial transaction, buying crypto with INR involves fees. These fees can include transaction fees, deposit fees, and withdrawal fees. The specific fees may vary depending on the exchange you use and the amount of crypto you are buying. It's always a good idea to compare the fee structures of different exchanges to find the most cost-effective option for your crypto purchases.
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• May 09, 2022 · 3 years ago
  Yes, there are fees associated with buying crypto with INR. At BYDFi, for example, there is a transaction fee of 0.1% for buying crypto with INR. This fee is charged to cover the costs of processing the transaction and maintaining the exchange platform. It's important to note that fees may vary depending on the exchange you use, so it's always a good idea to check the fee structure before making a purchase.
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