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Are there any fees or delays associated with settling cash in fidelity's digital currency platform?

avatarNan MargaryanDec 16, 2021 · 3 years ago3 answers

Can you tell me if there are any fees or delays involved in settling cash in fidelity's digital currency platform? I'm interested in understanding the costs and potential waiting times associated with cash settlements on this platform.

Are there any fees or delays associated with settling cash in fidelity's digital currency platform?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees and potential delays when settling cash in fidelity's digital currency platform. The fees vary depending on the type of transaction and the amount being settled. It's important to review the platform's fee schedule for specific details. As for delays, they can occur due to various factors such as network congestion or additional verification requirements. It's advisable to plan accordingly and consider these factors when using the platform for cash settlements.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! When it comes to settling cash in fidelity's digital currency platform, there are fees involved. The fees are typically based on a percentage of the transaction amount and can vary depending on the specific currency being settled. As for delays, they can occur due to factors such as network congestion or additional security checks. It's always a good idea to check the platform's terms and conditions for the most up-to-date information on fees and potential delays.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees and potential delays associated with settling cash in fidelity's digital currency platform. However, it's important to note that these fees and delays are standard in the industry and are not unique to fidelity's platform. The fees are usually a small percentage of the transaction amount and are used to cover the costs of processing and maintaining the platform. As for delays, they can occur due to factors such as network congestion or additional security measures. It's always a good idea to plan ahead and consider these factors when using any digital currency platform for cash settlements.