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What are the current rates for cash sweep on TD Ameritrade for cryptocurrencies?

avatarEsosekDec 16, 2021 · 3 years ago3 answers

Can you provide me with the current rates for cash sweep on TD Ameritrade for cryptocurrencies? I'm interested in knowing the fees and charges associated with cash sweep transactions on TD Ameritrade for buying and selling cryptocurrencies.

What are the current rates for cash sweep on TD Ameritrade for cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! The current rates for cash sweep on TD Ameritrade for cryptocurrencies vary depending on the specific transaction and the amount involved. Generally, TD Ameritrade charges a fee for cash sweep transactions, which is typically a percentage of the transaction amount. It's important to note that the rates may change over time, so it's always a good idea to check with TD Ameritrade directly for the most up-to-date information. Additionally, it's worth considering other factors such as the overall trading fees and the availability of different cryptocurrencies on TD Ameritrade before making any investment decisions.
  • avatarDec 16, 2021 · 3 years ago
    The rates for cash sweep on TD Ameritrade for cryptocurrencies are subject to change and may vary depending on the specific transaction. It's recommended to visit the TD Ameritrade website or contact their customer support for the most accurate and up-to-date information regarding fees and charges associated with cash sweep transactions for cryptocurrencies. Keep in mind that fees and charges may also vary depending on the amount of the transaction and the type of cryptocurrency being bought or sold.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the field, I can tell you that TD Ameritrade does not currently offer cash sweep services for cryptocurrencies. However, there are other platforms and exchanges, like BYDFi, that provide cash sweep options for cryptocurrencies. These platforms allow you to earn interest on your idle cryptocurrency holdings, similar to a traditional cash sweep account. If you're specifically looking for cash sweep services for cryptocurrencies, I recommend exploring other options outside of TD Ameritrade.