Does Fidelity charge fees for crypto trading?

In addition to trading, FDAS LLC also imposes a spread fee on the execution price of buy and sell transactions involving digital assets. This fee, set at 1%, is applied to both sides of the transaction, ensuring that the company maintains a fair and transparent pricing structure for its clients.

The spread fee charged by Fidelity Digital Assets℠ serves as a means of covering operational costs and ensuring the stability of the platform. By implementing this fee, FDAS LLC can continue to provide reliable and efficient services to its clients while maintaining a healthy business model.

It is important to note that the spread fee is not the only cost associated with trading digital assets on FDAS LLC's platform. Clients should be aware of any additional fees or charges that may apply, such as withdrawal fees or storage fees, before engaging in transactions.

FDAS LLC, along with its associated individuals, engages in the trading and ownership of proprietary interests in digital assets that are supported by the company. This practice allows FDAS LLC to maintain a direct involvement in the assets it supports, fostering a deeper understanding and commitment to the market.

Despite the presence of fees, the benefits of trading digital assets on FDAS LLC's platform are numerous. The company offers a wide range of supported assets, providing clients with access to a diverse and dynamic market. Additionally, the platform's security measures and regulatory compliance help to ensure that clients' funds and personal information are protected.