What are the fees associated with buying crypto on Schwab?

3 answers

• Nov 25, 2021 · 3 years ago
  When buying cryptocurrencies on Schwab, there are several fees to consider. First, there may be a transaction fee charged by Schwab for each purchase. This fee can vary depending on the specific cryptocurrency and the size of the transaction. Additionally, there may be network fees associated with the blockchain used by the cryptocurrency you are purchasing. These fees are typically paid to miners to process and validate transactions on the blockchain. It's important to note that these network fees are not controlled by Schwab and can fluctuate based on network congestion and other factors. Lastly, there may be fees associated with converting your fiat currency to cryptocurrency, such as exchange fees or spread fees. It's recommended to review Schwab's fee schedule and consult with their customer support for the most accurate and up-to-date information on fees.
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• Nov 25, 2021 · 3 years ago
  Buying crypto on Schwab? You'll want to know about the fees involved. Schwab charges a transaction fee for each purchase, which can vary depending on the specific cryptocurrency and transaction size. These fees are in addition to any network fees associated with the blockchain used by the cryptocurrency. Keep in mind that network fees are not controlled by Schwab and can fluctuate. Converting your fiat currency to crypto may also incur additional fees, such as exchange fees or spread fees. Make sure to check Schwab's fee schedule and reach out to their customer support for the latest fee information.
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• Nov 25, 2021 · 3 years ago
  When it comes to buying crypto on Schwab, there are a few fees you should be aware of. Schwab charges a transaction fee for each purchase, and the amount can vary depending on the specific cryptocurrency and the size of your transaction. Additionally, there may be network fees associated with the blockchain used by the crypto you're buying. These fees are paid to miners for processing and validating transactions. It's worth noting that these network fees are not controlled by Schwab and can change based on network conditions. Lastly, there may be fees involved in converting your fiat currency to crypto, such as exchange fees or spread fees. To get the most accurate and up-to-date information on fees, it's best to check Schwab's fee schedule and reach out to their customer support.
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