What are the fees associated with buying bitcoin instantly with a debit card?

1 answers

• May 05, 2022 · 3 years ago
  Buying bitcoin instantly with a debit card incurs fees that typically fall between 2% and 4% of the total transaction value. These fees are in place to cover the expenses associated with processing the transaction and facilitating the immediate purchase of bitcoin. It's worth noting that the exact fees can vary depending on the exchange or platform you use. Additionally, certain exchanges may impose extra charges specifically for debit card transactions. It's recommended to review the fee structure of the chosen platform before proceeding. While purchasing bitcoin with a debit card offers convenience, it's essential to consider the associated fees to ensure you're making a cost-effective decision.
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