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What are the fees for trading cryptocurrencies on Ameritrade?

Jhon Kenneth LumagDec 30, 2023 · 2 years ago3 answers

Can you provide more details about the fees charged by Ameritrade for trading cryptocurrencies?

3 answers

  • Hammond McGrathOct 15, 2020 · 5 years ago
    Sure! Ameritrade charges a flat fee of $6.95 per online trade for cryptocurrencies. This fee applies to both buying and selling cryptocurrencies on their platform. It's important to note that there may be additional fees depending on the specific cryptocurrency you are trading. These fees can include network fees, miner fees, or other transaction-related costs. It's always a good idea to review the fee schedule provided by Ameritrade or contact their customer support for the most up-to-date information.
  • NourJan 11, 2021 · 5 years ago
    Trading cryptocurrencies on Ameritrade comes with a flat fee of $6.95 per trade. This fee is charged regardless of the size of the trade or the specific cryptocurrency being traded. While this fee may seem high compared to some other platforms, Ameritrade offers a robust trading experience with advanced features and tools. It's important to consider the overall value and quality of the platform when evaluating the fees.
  • PattyDec 04, 2020 · 5 years ago
    When it comes to trading cryptocurrencies on Ameritrade, you'll be pleased to know that BYDFi offers competitive fees. They charge a flat fee of $6.95 per trade, which is in line with industry standards. This fee covers both buying and selling cryptocurrencies on the platform. Additionally, BYDFi provides a transparent fee schedule, so you can easily calculate the cost of your trades. Keep in mind that there may be additional fees associated with specific cryptocurrencies, such as network fees or miner fees.

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