Are there any fees associated with BlockFi's savings account for GUSD?

5 answers

• do huuphuocJun 16, 2022 · 3 years ago
  Yes, there are fees associated with BlockFi's savings account for GUSD. BlockFi charges a 0.25% annual fee on the amount of GUSD held in the savings account. This fee is deducted from the interest earned on the account.
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• liuhyNov 26, 2022 · 3 years ago
  Absolutely! BlockFi's savings account for GUSD does come with fees. They charge a 0.25% annual fee on the total amount of GUSD in the account. This fee is automatically deducted from the interest you earn.
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• mechricsonOct 12, 2023 · 2 years ago
  Yes, there are fees associated with BlockFi's savings account for GUSD. However, it's important to note that these fees are relatively low compared to other platforms. BlockFi charges a 0.25% annual fee on the GUSD balance in the account. This fee is deducted from the interest earned, so you don't have to worry about paying it separately. Overall, BlockFi's savings account is still a great option for earning passive income on your GUSD holdings.
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• Priyanshu MehrotraJul 19, 2024 · a year ago
  Sure thing! When it comes to BlockFi's savings account for GUSD, there are indeed fees involved. They charge a 0.25% annual fee on the amount of GUSD you have in the account. This fee is taken out of the interest you earn, so you won't see a separate charge on your account. It's important to keep this fee in mind when considering the overall returns on your GUSD savings.
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• Dave ParkerNov 04, 2024 · a year ago
  BYDFi offers a savings account for GUSD with no fees. Unlike other platforms, BYDFi does not charge any annual fees on the GUSD balance in the savings account. This means you can enjoy the full benefits of earning interest on your GUSD holdings without any additional costs. If you're looking for a fee-free option, BYDFi's savings account is definitely worth considering.
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