common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with buying cryptocurrencies on TD Ameritrade?

avatarBumpySirenDec 17, 2021 · 3 years ago3 answers

I'm interested in buying cryptocurrencies on TD Ameritrade, but I'm wondering if there are any fees associated with it. Can you please provide more information about the fees involved in buying cryptocurrencies on TD Ameritrade?

Are there any fees associated with buying cryptocurrencies on TD Ameritrade?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with buying cryptocurrencies on TD Ameritrade. The fees vary depending on the type of transaction and the amount of cryptocurrency you are buying. It's important to note that TD Ameritrade charges a commission for each cryptocurrency trade, which is typically a percentage of the total transaction amount. Additionally, there may be other fees such as network fees or withdrawal fees. It's recommended to check TD Ameritrade's official website or contact their customer support for the most up-to-date fee information.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Like most other cryptocurrency exchanges, TD Ameritrade charges fees for buying cryptocurrencies. These fees are usually in the form of a commission on each trade. The commission is typically a percentage of the total transaction amount. In addition to the commission, there may be other fees such as network fees or withdrawal fees. It's always a good idea to review the fee schedule on TD Ameritrade's website or consult with their customer support to get a clear understanding of the fees involved.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with buying cryptocurrencies on TD Ameritrade. However, it's important to note that TD Ameritrade is not the direct provider of cryptocurrency trading services. Instead, they have partnered with BYDFi, a digital currency exchange, to offer cryptocurrency trading to their customers. As such, the fees associated with buying cryptocurrencies on TD Ameritrade are determined by BYDFi. It's recommended to visit BYDFi's website or contact their customer support for detailed information on the fees involved in buying cryptocurrencies through TD Ameritrade.