Are there any fees associated with using digital currency for ACH transfers?

3 answers

• May 06, 2022 · 3 years ago
  Yes, there are fees associated with using digital currency for ACH transfers. The fees vary depending on the platform or exchange you use. Some platforms charge a flat fee per 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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• May 06, 2022 · 3 years ago
  Absolutely! When it comes to using digital currency for ACH transfers, you can expect to encounter fees. These fees can vary depending on the exchange or platform you choose. Some exchanges charge a fixed fee per transaction, while others may have a tiered fee structure based on the transaction amount. It's always a good idea to review the fee schedule of the exchange or platform you plan to use to understand the costs involved.
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• May 06, 2022 · 3 years ago
  Yes, there are fees associated with using digital currency for ACH transfers. For example, at BYDFi, we charge a flat fee of 0.5% per transaction for ACH transfers. However, it's important to note that fees can vary between different exchanges and platforms. It's always a good idea to compare fees and services offered by different platforms to find the best option for your needs.
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