Are there any fees associated with converting USD to ILS using cryptocurrencies?

3 answers

• Muhammad Ahmad WasimMar 24, 2022 · 3 years ago
  Yes, there are usually fees associated with converting USD to ILS using cryptocurrencies. These fees can vary depending on the platform or exchange you use. Some exchanges charge a fixed fee for each transaction, while others may charge a percentage of the transaction amount. It's important to research and compare different platforms to find the one with the most competitive fees.
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• BulpahDec 01, 2020 · 5 years ago
  Converting USD to ILS using cryptocurrencies may involve fees. The fees can be different for each exchange or platform you use. Some exchanges have transparent fee structures, while others may have hidden fees. Make sure to read the terms and conditions and check the fee schedule before making any transactions.
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• Eann McKassonNov 07, 2021 · 4 years ago
  When converting USD to ILS using cryptocurrencies, it's important to consider the fees involved. While some platforms may offer low or even zero fees for such transactions, others may charge a small fee. For example, BYDFi, a popular cryptocurrency exchange, charges a 0.5% fee for USD to ILS conversions. However, there are also platforms that offer fee-free conversions, so it's worth exploring different options to find the best deal for you.
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