common-close-0
BYDFi
Trade wherever you are!

What are the fees associated with using Fidelity's ATM service for cryptocurrency transactions?

avatarOrangeQuackDec 16, 2021 · 3 years ago3 answers

Can you provide more details about the fees charged for using Fidelity's ATM service for cryptocurrency transactions? How much do they charge for different types of transactions?

What are the fees associated with using Fidelity's ATM service for cryptocurrency transactions?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When using Fidelity's ATM service for cryptocurrency transactions, the fees charged will depend on the specific transaction type. For buying or selling cryptocurrencies, Fidelity charges a fee of 1.5% of the transaction amount. This fee is competitive compared to other major cryptocurrency exchanges. However, it's important to note that additional fees may apply depending on the specific ATM location and the type of cryptocurrency being transacted. It's always a good idea to check the fee schedule provided by Fidelity for the most up-to-date information.
  • avatarDec 16, 2021 · 3 years ago
    Fidelity's ATM service for cryptocurrency transactions comes with a fee of 1.5% of the transaction amount. This fee covers both buying and selling cryptocurrencies. While this fee is relatively low compared to some other exchanges, it's worth considering that additional fees may apply depending on the specific ATM location. It's recommended to check the fee schedule provided by Fidelity to get a clear understanding of the fees associated with using their ATM service for cryptocurrency transactions.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to using Fidelity's ATM service for cryptocurrency transactions, the fees charged are quite reasonable. They charge a fee of 1.5% of the transaction amount, which is in line with industry standards. However, it's important to keep in mind that additional fees may apply depending on the specific ATM location and the type of cryptocurrency being transacted. It's always a good idea to review the fee schedule provided by Fidelity to ensure you have a clear understanding of the fees associated with using their ATM service for cryptocurrency transactions.