What are the fees associated with using Ramp for cryptocurrency transactions versus Amex?

3 answers

• Shruti BajpaiSep 27, 2022 · 3 years ago
  When it comes to fees, Ramp and Amex have different structures for cryptocurrency transactions. Ramp charges a fixed fee of 2% for each transaction, regardless of the transaction amount. On the other hand, Amex charges a percentage-based fee that varies depending on the transaction amount. For smaller transactions, Amex may have lower fees compared to Ramp, but for larger transactions, the fees can be higher with Amex. It's important to consider the transaction amount when comparing the fees between the two platforms.
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• Mahmoud AlaaApr 19, 2021 · 5 years ago
  The fees associated with using Ramp for cryptocurrency transactions are quite straightforward. They charge a flat fee of 2% for each transaction, regardless of the transaction amount. This means that whether you're buying $100 or $10,000 worth of cryptocurrency, you'll be charged a 2% fee. On the other hand, Amex has a more complex fee structure that is based on a percentage of the transaction amount. The percentage can vary depending on factors such as the type of cryptocurrency and the transaction volume. It's important to carefully review the fee structure of both platforms before making a decision.
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• Geeta DeviOct 23, 2023 · 2 years ago
  When it comes to fees for cryptocurrency transactions, BYDFi offers a competitive alternative to Ramp and Amex. With BYDFi, the fees are determined by a tiered structure based on the transaction volume. The more you trade, the lower the fees become. This can be especially beneficial for frequent traders or those who trade large volumes of cryptocurrency. Additionally, BYDFi offers transparent fee calculations and no hidden charges. It's worth considering BYDFi as an alternative to Ramp and Amex when comparing fees for cryptocurrency transactions.
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