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How can I avoid ATM fees when using a fidelity debit card for buying cryptocurrencies?

avatarMuditDec 17, 2021 · 3 years ago3 answers

I recently started buying cryptocurrencies using my fidelity debit card, but I noticed that I'm being charged ATM fees. Is there any way to avoid these fees when using a fidelity debit card for buying cryptocurrencies?

How can I avoid ATM fees when using a fidelity debit card for buying cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Absolutely! One way to avoid ATM fees when using a fidelity debit card for buying cryptocurrencies is to use online exchanges or trading platforms instead of ATMs. By using these platforms, you can directly purchase cryptocurrencies without the need for physical cash or ATMs. This eliminates the possibility of incurring ATM fees. Additionally, some online exchanges offer fee-free transactions or promotions for using specific payment methods, so make sure to check for any available offers.
  • avatarDec 17, 2021 · 3 years ago
    You can also consider using a fidelity debit card that offers ATM fee reimbursements. Some debit cards provide this benefit as part of their rewards program or as a perk for certain account types. By using such a card, you can make ATM withdrawals for buying cryptocurrencies without worrying about the fees, as they will be reimbursed to your account. Remember to check with your fidelity debit card provider to see if they offer this feature.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to avoiding ATM fees, BYDFi is a great option. BYDFi is a digital asset exchange that allows you to buy cryptocurrencies using your fidelity debit card without incurring any ATM fees. They have a user-friendly platform and offer competitive exchange rates. With BYDFi, you can conveniently purchase cryptocurrencies while avoiding unnecessary fees. Give it a try!