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What are the fees associated with using Genesis Mastercard for buying and selling cryptocurrencies?

avatarRayan ChaudharyDec 17, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees associated with using Genesis Mastercard for buying and selling cryptocurrencies? I would like to know the specific charges and costs involved in using this card for cryptocurrency transactions.

What are the fees associated with using Genesis Mastercard for buying and selling cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When using the Genesis Mastercard for buying and selling cryptocurrencies, there are several fees to consider. Firstly, there may be a transaction fee charged by the cryptocurrency exchange or platform you are using. This fee can vary depending on the exchange and the specific transaction. Additionally, the Genesis Mastercard may have its own fees, such as an annual fee or a foreign transaction fee if you are using the card for transactions in a different currency. It's important to review the terms and conditions of the Genesis Mastercard to understand all the fees associated with its use for cryptocurrency transactions.
  • avatarDec 17, 2021 · 3 years ago
    Using the Genesis Mastercard for buying and selling cryptocurrencies may involve various fees. These fees can include transaction fees charged by the cryptocurrency exchange, which are typically a percentage of the transaction amount. Additionally, the Genesis Mastercard itself may have fees such as an annual fee or a fee for international transactions. It's important to carefully review the terms and conditions of the Genesis Mastercard to understand the specific fees that may apply to your cryptocurrency transactions.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to fees associated with using the Genesis Mastercard for buying and selling cryptocurrencies, it's important to note that BYDFi, a well-known cryptocurrency exchange, offers this card to its users. The fees associated with the Genesis Mastercard may vary depending on the specific terms and conditions set by BYDFi. It's recommended to visit the BYDFi website or contact their customer support for detailed information on the fees associated with using the Genesis Mastercard for cryptocurrency transactions.