What are the fees associated with buying digital assets on Crypto.com with a credit card?

3 answers

• Stephen ElkinsJan 02, 2024 · 2 years ago
  When buying digital assets on Crypto.com with a credit card, there are several fees to consider. First, there may be a transaction fee charged by Crypto.com, which is typically a percentage of the total purchase amount. Additionally, your credit card provider may charge a cash advance fee if the purchase is considered a cash advance. It's important to check with your credit card provider to understand their specific fees. Finally, there may be network fees associated with the blockchain used for the digital asset you're purchasing. These fees can vary depending on network congestion and the specific blockchain. It's always a good idea to review the fee schedule on Crypto.com and consult with your credit card provider to understand the total cost of buying digital assets with a credit card.
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• Duc Anh LeMay 08, 2024 · a year ago
  Buying digital assets on Crypto.com with a credit card incurs various fees. Crypto.com charges a transaction fee, which is a percentage of the total purchase amount. Additionally, your credit card provider may charge a cash advance fee if the transaction is considered a cash advance. It's important to be aware of these fees before making a purchase. You should also consider any network fees associated with the blockchain used for the digital asset. These fees can fluctuate based on network congestion and the specific blockchain. To get a clear understanding of the fees, it's recommended to review Crypto.com's fee schedule and consult with your credit card provider.
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• Olsson McKeeMay 03, 2022 · 3 years ago
  When purchasing digital assets on Crypto.com with a credit card, there are a few fees to keep in mind. Crypto.com charges a transaction fee, which is a percentage of the total purchase amount. This fee covers the cost of processing the transaction and maintaining the platform. Additionally, your credit card provider may charge a cash advance fee if the purchase is considered a cash advance. This fee is determined by your credit card agreement and can vary depending on the provider. Finally, there may be network fees associated with the blockchain used for the digital asset. These fees are paid to miners who validate and process transactions on the blockchain. It's important to factor in these fees when considering the total cost of purchasing digital assets on Crypto.com with a credit card.
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