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How does Remitly charge for cryptocurrency transactions?

avatarSurajDec 16, 2021 · 3 years ago3 answers

Can you explain how Remitly charges for cryptocurrency transactions in detail?

How does Remitly charge for cryptocurrency transactions?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! Remitly charges for cryptocurrency transactions based on a percentage fee. The fee is calculated as a percentage of the transaction amount and is deducted from the total amount being sent. The exact fee percentage may vary depending on the specific cryptocurrency and the current market conditions. It's important to note that Remitly may also charge additional fees for certain types of transactions, such as converting one cryptocurrency to another. Overall, the fee structure is designed to be transparent and competitive in the cryptocurrency market.
  • avatarDec 16, 2021 · 3 years ago
    Remitly charges a fee for cryptocurrency transactions, which is based on the transaction amount. The fee percentage may vary depending on the specific cryptocurrency being transacted. It's always a good idea to check the fee structure on Remitly's website or contact their customer support for the most up-to-date information on transaction fees. Remember to consider the fees when comparing different platforms for cryptocurrency transactions.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, charges a fee for cryptocurrency transactions on their platform. The fee is based on the transaction amount and is deducted from the total amount being sent. The fee percentage may vary depending on the specific cryptocurrency and market conditions. BYDFi aims to provide competitive and transparent fee structures for cryptocurrency transactions. It's recommended to check BYDFi's website or contact their customer support for detailed information on transaction fees.