What are the fees associated with using Chime savings account for buying and selling cryptocurrencies?

1 answers

• Cam RJul 23, 2023 · 2 years ago
  When using Chime savings account for buying and selling cryptocurrencies, it's important to be aware of the fees involved. Chime may charge a transaction fee for each buy or sell order placed through their platform. These fees can vary depending on the specific cryptocurrency being traded and the size of the transaction. Additionally, there may be network fees associated with the blockchain used by the cryptocurrency, which are not controlled by Chime. These network fees are typically paid to miners to ensure the security and integrity of the blockchain. It's advisable to review Chime's fee schedule or contact their customer support for a comprehensive understanding of the fees associated with using their savings account for cryptocurrency transactions.
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