What are the fees for trading cryptocurrencies on Sofi?
Dianna ElamDec 18, 2021 · 3 years ago3 answers
Can you provide details about the fees associated with trading cryptocurrencies on Sofi? I would like to know the costs involved before I start trading.
3 answers
- Dec 18, 2021 · 3 years agoWhen it comes to trading cryptocurrencies on Sofi, there are a few fees to keep in mind. First, there is a transaction fee of 1.25% for each buy or sell order. Additionally, there may be a spread fee, which is the difference between the buying and selling price of a cryptocurrency. It's important to note that these fees can vary depending on the specific cryptocurrency you are trading. It's always a good idea to check the latest fee structure on Sofi's website before making any trades.
- Dec 18, 2021 · 3 years agoTrading cryptocurrencies on Sofi comes with certain fees. The transaction fee is 1.25% for each trade, which means that if you buy or sell $100 worth of cryptocurrency, you will be charged $1.25. In addition to the transaction fee, there may be a spread fee, which is the difference between the bid and ask price of a cryptocurrency. It's important to consider these fees when planning your trades on Sofi.
- Dec 18, 2021 · 3 years agoWhen trading cryptocurrencies on Sofi, you can expect to pay a transaction fee of 1.25% for each trade. This fee is applied to both buy and sell orders. In addition to the transaction fee, there may be a spread fee, which is the difference between the market price and the price at which you execute your trade. It's worth noting that these fees can vary depending on the specific cryptocurrency you are trading. For the most accurate and up-to-date information, I recommend checking Sofi's website or contacting their customer support.
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