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Are there any fees associated with using Interac to transfer money for cryptocurrency trading between Canada and the US?

Ján KupeckýMay 01, 2022 · 3 years ago3 answers

I want to transfer money for cryptocurrency trading between Canada and the US using Interac. Are there any fees associated with using Interac for this purpose?

3 answers

  • May 01, 2022 · 3 years ago
    Yes, there are usually fees associated with using Interac to transfer money for cryptocurrency trading between Canada and the US. The fees can vary depending on the specific cryptocurrency exchange and the amount of money being transferred. It's important to check with your chosen exchange to understand the exact fees involved.
  • May 01, 2022 · 3 years ago
    Absolutely! When using Interac to transfer money for cryptocurrency trading between Canada and the US, you can expect to encounter fees. These fees are typically charged by the cryptocurrency exchange you are using and can vary in amount. Make sure to review the fee structure of your chosen exchange before making any transfers.
  • May 01, 2022 · 3 years ago
    Yes, there are fees associated with using Interac to transfer money for cryptocurrency trading between Canada and the US. However, at BYDFi, we offer fee-free transfers for our users. So, if you're looking for a cost-effective option, BYDFi might be the right choice for you.