Cryptocurrency Q&A
Will fidelity charge additional fees if you invest in crypto?
Will fidelity charge additional fees if you invest in crypto?
Daniela
Tue Jul 09 2024
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7 answers
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I'm considering investing in cryptocurrencies through Fidelity, but I'm wondering about the potential for additional fees. Could you clarify if Fidelity imposes any additional charges specifically for investing in crypto? Are there transaction fees, custody fees, or any other types of costs that investors should be aware of? Understanding the full cost structure is important for making an informed decision about where to allocate my investment capital. Could you elaborate on the specifics of any fees that might apply?
7 answers
CryptoTamer
Thu Jul 11 2024
These additional per-trade fees are expected to vary depending on the volume and nature of the transaction.
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Thunderbolt
Thu Jul 11 2024
It has been reported that in addition to standard transaction fees, there will be additional charges imposed on each trade conducted.
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Carlo
Wed Jul 10 2024
The elimination of the need for a separate crypto exchange account reduces the barriers to entry for new investors.
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Federica
Wed Jul 10 2024
As a result, crypto is likely to gain wider acceptance as a viable investment alternative, especially among those who are new to the digital asset space.
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BusanBeautyBloomingStar
Wed Jul 10 2024
Fidelity's latest initiative aims to provide a seamless experience for first-time crypto investors.
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