How can I avoid high fees when using TD Bank money orders to purchase cryptocurrencies?

3 answers

• Merritt HillNov 20, 2022 · 3 years ago
  One way to avoid high fees when using TD Bank money orders to purchase cryptocurrencies is to consider using a different payment method. Some cryptocurrency exchanges offer alternative payment options, such as bank transfers or credit card payments, which may have lower fees compared to money orders. Additionally, you can also compare the fees charged by different exchanges and choose the one with the lowest fees for money order transactions. It's important to do your research and consider the overall cost before making a decision.
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• Jonny LloydMay 11, 2025 · 3 months ago
  If you're specifically looking to use TD Bank money orders, you can try reaching out to TD Bank customer support and inquire about any potential fee waivers or discounts for cryptocurrency purchases. Sometimes, banks offer promotional deals or special arrangements for certain types of transactions. It's worth a shot to ask if there are any options available to reduce the fees associated with using money orders for cryptocurrency purchases.
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• Thuong DuongJul 14, 2024 · a year ago
  At BYDFi, we understand that high fees can be a concern when using TD Bank money orders to purchase cryptocurrencies. While we don't have control over TD Bank's fees, we recommend exploring alternative payment methods, such as bank transfers or credit card payments, which may offer lower fees. Additionally, it's always a good idea to compare the fees charged by different exchanges and choose the one that aligns with your budget and preferences. Remember to consider the overall cost, including fees and exchange rates, when making your decision.
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