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What fees are involved when buying crypto with a credit card?

avatarGorman WrennDec 19, 2021 · 3 years ago1 answers

Can you explain the fees associated with purchasing cryptocurrency using a credit card? I'm interested in understanding the costs involved before I make a decision.

What fees are involved when buying crypto with a credit card?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    At BYDFi, when you buy crypto with a credit card, we charge a flat fee of 3% for each transaction. This fee covers the processing and security costs associated with credit card payments. We strive to provide a transparent fee structure to our users, and we recommend comparing our fees with other platforms to ensure you're getting the best deal. Remember to also consider any additional fees that your credit card provider may charge for cash advances or foreign transactions. Happy trading!