What are the fees associated with using a Monzo card for buying and selling cryptocurrencies?

3 answers

• Nov 27, 2021 · 3 years ago
  Sure! When using a Monzo card for buying and selling cryptocurrencies, there are a few fees to consider. Monzo charges a 1% fee for each cryptocurrency transaction. Additionally, there may be network fees associated with the specific cryptocurrency you are trading. It's important to note that these fees can vary depending on the market conditions and the type of cryptocurrency you are trading. It's always a good idea to check the latest fee structure on Monzo's website or contact their customer support for the most accurate and up-to-date information.
  557279
• Nov 27, 2021 · 3 years ago
  Using a Monzo card for buying and selling cryptocurrencies comes with certain fees. Monzo charges a 1% fee for each transaction, which is relatively competitive compared to other platforms. However, it's worth noting that there may be additional network fees associated with the specific cryptocurrency you are trading. These network fees are determined by the blockchain network and can vary depending on the congestion and demand. It's always a good idea to consider these fees when planning your crypto transactions with a Monzo card.
  537179
• Nov 27, 2021 · 3 years ago
  When it comes to using a Monzo card for buying and selling cryptocurrencies, there are a few fees to keep in mind. Monzo charges a 1% fee for each transaction, which is quite reasonable compared to some other platforms. However, it's important to note that there may be additional network fees associated with the specific cryptocurrency you are trading. These network fees are determined by the blockchain network and can vary depending on the current network congestion and transaction volume. It's advisable to check Monzo's website or contact their customer support for the most accurate and up-to-date information on fees before making any crypto transactions with your Monzo card.
  686172