Are there any fees associated with buying bitcoins with a prepaid debit card?

3 answers

• Porter CantrellAug 23, 2020 · 5 years ago
  Yes, there may be fees associated with buying bitcoins using a prepaid debit card. The fees can vary depending on the platform or exchange you use. Some exchanges may charge a flat fee for each transaction, while others may charge a percentage of the transaction amount. It's important to research and compare different platforms to find the one with the most favorable fee structure for your needs.
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• Huỳnh Nhân Hồ ThịOct 08, 2020 · 5 years ago
  Absolutely! When buying bitcoins with a prepaid debit card, you should be aware that there might be fees involved. These fees can vary depending on the exchange or platform you choose. Some platforms charge a fixed fee per transaction, while others charge a percentage of the total transaction amount. It's always a good idea to read the terms and conditions of the platform you're using to understand the fee structure before making a purchase.
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• Priyanshu MehrotraJul 02, 2022 · 3 years ago
  Yes, there may be fees associated with buying bitcoins using a prepaid debit card. At BYDFi, for example, there is a fee of 2% for each transaction made with a prepaid debit card. However, it's important to note that fees can vary between different exchanges and platforms. It's recommended to compare fees across different platforms to find the most cost-effective option for buying bitcoins with a prepaid debit card.
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