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Are there any fees associated with using a Fido account for digital currency transactions?

McConnell BairdMay 01, 2022 · 3 years ago3 answers

Can you tell me if there are any fees involved when using a Fido account for digital currency transactions? I'm considering using Fido for my digital currency transactions, but I want to make sure I understand all the costs involved. Are there any transaction fees, withdrawal fees, or any other fees that I should be aware of?

3 answers

  • May 01, 2022 · 3 years ago
    Yes, there are fees associated with using a Fido account for digital currency transactions. Fido charges a transaction fee of 0.2% for each trade you make. Additionally, there may be withdrawal fees depending on the digital currency you're withdrawing. It's important to check Fido's fee schedule for the specific fees associated with the digital currencies you plan to trade.
  • May 01, 2022 · 3 years ago
    Using a Fido account for digital currency transactions does come with fees. The transaction fee is 0.2% per trade, which is relatively low compared to other exchanges. However, there may be additional fees for withdrawing your digital currency, so it's important to review Fido's fee schedule to understand the complete cost structure.
  • May 01, 2022 · 3 years ago
    When it comes to fees, Fido is known for its competitive pricing. While there are fees associated with using a Fido account for digital currency transactions, they are generally lower compared to other exchanges. The transaction fee is 0.2% per trade, and there may be withdrawal fees depending on the digital currency. It's always a good idea to review Fido's fee schedule for the most up-to-date information on fees.