What are the fees associated with buying and selling cryptocurrencies on Wealthsimple?

3 answers

• sagar 1111Apr 18, 2024 · 2 years ago
  When it comes to buying and selling cryptocurrencies on Wealthsimple, there are a few fees you need to be aware of. First, there is a trading fee which is charged when you execute a buy or sell order. This fee is typically a percentage of the total transaction amount. Additionally, Wealthsimple may charge a spread, which is the difference between the buying and selling price of a cryptocurrency. This spread acts as a commission for the platform. It's important to note that the specific fees can vary depending on the type of cryptocurrency you are trading and the size of your transaction. To get the most accurate information, I recommend checking Wealthsimple's website or contacting their customer support team.
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• OnlybullyOct 16, 2021 · 4 years ago
  Buying and selling cryptocurrencies on Wealthsimple comes with certain fees. When you make a trade, you will be charged a trading fee. This fee is a percentage of the total transaction amount and can vary depending on the specific cryptocurrency you are trading. In addition to the trading fee, Wealthsimple may also charge a spread. The spread is the difference between the buying and selling price of a cryptocurrency and acts as a commission for the platform. It's important to consider these fees when making trades on Wealthsimple to ensure you are aware of the costs involved.
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• SalimaSep 06, 2024 · a year ago
  When it comes to buying and selling cryptocurrencies on Wealthsimple, you can expect to encounter some fees. Wealthsimple charges a trading fee for each buy or sell order you execute. This fee is usually a percentage of the total transaction amount. In addition to the trading fee, there may also be a spread, which is the difference between the buying and selling price of a cryptocurrency. This spread acts as a commission for Wealthsimple. It's worth noting that the specific fees can vary depending on the cryptocurrency you are trading. For more accurate and up-to-date information, I recommend visiting Wealthsimple's website or reaching out to their customer support team.
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