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What are the fees for investing in cryptocurrencies on Acorns?

avatarSkovsgaard BengtssonNov 29, 2021 · 3 years ago3 answers

Can you provide more details about the fees associated with investing in cryptocurrencies on Acorns? I'm interested in knowing the costs involved before I start investing.

What are the fees for investing in cryptocurrencies on Acorns?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    When investing in cryptocurrencies on Acorns, there are a few fees to consider. First, there is a monthly subscription fee of $1. This fee covers the cost of maintaining your account and providing access to Acorns' investment platform. Additionally, there is a management fee of 0.25% per year on your cryptocurrency investments. This fee is calculated based on the average daily balance of your investments and is deducted on a monthly basis. It's important to note that these fees are subject to change, so it's always a good idea to check Acorns' website for the most up-to-date information.
  • avatarNov 29, 2021 · 3 years ago
    Investing in cryptocurrencies on Acorns comes with some fees. You'll be charged a monthly subscription fee of $1, which gives you access to their investment platform. On top of that, there's a management fee of 0.25% per year on your cryptocurrency investments. This fee is based on the average daily balance of your investments and is deducted monthly. Keep in mind that these fees can change over time, so it's a good idea to stay updated on Acorns' website.
  • avatarNov 29, 2021 · 3 years ago
    When it comes to investing in cryptocurrencies on Acorns, there are a few fees involved. Acorns charges a monthly subscription fee of $1, which gives you access to their investment platform. In addition, there is a management fee of 0.25% per year on your cryptocurrency investments. This fee is calculated based on the average daily balance of your investments and is deducted monthly. It's worth noting that these fees are subject to change, so it's important to stay informed by checking Acorns' website regularly.