What are the fees associated with using a debit card on GDAX for buying cryptocurrencies?

1 answers

• May 13, 2022 · 3 years ago
  When using a debit card on GDAX for buying cryptocurrencies, there are fees involved. GDAX charges a transaction fee of 3.99% for debit card purchases. This fee is applied to the total amount of the transaction. Additionally, your bank may charge a foreign transaction fee if you are making an international purchase. It's important to be aware of these fees and factor them into your decision-making process. It's also worth noting that there may be additional fees associated with the specific cryptocurrency you are purchasing, such as network fees or miner fees. These fees can vary depending on the cryptocurrency and the current network conditions. Therefore, it's important to consider all these fees when using a debit card on GDAX for buying cryptocurrencies.
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