What are the fees associated with acorns investment in cryptocurrencies?

1 answers

• May 07, 2022 · 3 years ago
  When it comes to investing in cryptocurrencies through Acorns, there are fees to be aware of. Acorns charges a management fee of 0.25% per year on the total account balance. This fee covers the cost of managing your investments and providing access to the Acorns platform. Additionally, there may be trading fees associated with buying and selling cryptocurrencies. These fees can vary depending on the specific cryptocurrency and the exchange used for trading. It's important to factor in these fees when considering the potential returns of your investment. Take the time to review the fee schedule provided by Acorns and the chosen exchange to ensure you have a clear understanding of the costs involved.
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