What are the fees associated with instant buy crypto?

3 answers

• May 13, 2022 · 3 years ago
  When buying cryptocurrencies instantly, there are usually fees involved. These fees can vary depending on the platform you are using. Some platforms charge a fixed fee for each transaction, while others charge a percentage of the transaction amount. It's important to check the fee structure of the platform you are using before making a purchase to understand the costs involved.
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• May 13, 2022 · 3 years ago
  The fees associated with instant buy crypto can be categorized into two types: transaction fees and exchange fees. Transaction fees are charged by the blockchain network for processing the transaction, and they vary depending on the network congestion. Exchange fees, on the other hand, are charged by the platform facilitating the instant buy feature. These fees can vary from platform to platform, so it's important to compare different platforms to find the one with the most competitive fees.
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• May 13, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers instant buy crypto with competitive fees. The platform charges a fixed fee of 1% for each transaction. This fee includes both the transaction fee and the exchange fee, making it transparent and convenient for users. With BYDFi, you can enjoy the benefits of instant buy crypto without worrying about hidden fees or high costs.
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