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What are the fees associated with trading digital currencies on fidelity investments?

avatarsethDec 17, 2021 · 3 years ago3 answers

Can you provide a detailed description of the fees associated with trading digital currencies on fidelity investments?

What are the fees associated with trading digital currencies on fidelity investments?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When it comes to trading digital currencies on fidelity investments, there are several fees to consider. Firstly, fidelity charges a commission fee for each trade you make. The commission fee varies depending on the type of digital currency you are trading and the size of your trade. Additionally, fidelity may charge a spread fee, which is the difference between the buying and selling price of a digital currency. This fee is typically included in the price you see when placing a trade. Lastly, fidelity may also charge a withdrawal fee if you decide to transfer your digital currencies to an external wallet or another exchange. It's important to review fidelity's fee schedule and understand the potential costs before engaging in digital currency trading on their platform.
  • avatarDec 17, 2021 · 3 years ago
    Trading digital currencies on fidelity investments comes with its fair share of fees. You'll need to consider the commission fee, which is charged for each trade you make. This fee can vary depending on the specific digital currency you're trading and the size of your trade. Additionally, fidelity may charge a spread fee, which is the difference between the buying and selling price of a digital currency. This fee is typically included in the trade price you see. Lastly, if you decide to withdraw your digital currencies from fidelity, there may be a withdrawal fee involved. It's important to carefully review fidelity's fee structure to understand the costs associated with trading digital currencies on their platform.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to trading digital currencies on fidelity investments, there are a few fees to keep in mind. Firstly, fidelity charges a commission fee for each trade you make. This fee can vary depending on the specific digital currency you're trading and the size of your trade. Additionally, fidelity may charge a spread fee, which is the difference between the buying and selling price of a digital currency. This fee is typically built into the trade price you see. Lastly, if you decide to withdraw your digital currencies from fidelity, there may be a withdrawal fee involved. It's important to review fidelity's fee structure to understand the costs associated with trading digital currencies on their platform.