Are there any hidden fees associated with using mpesa for cryptocurrency transactions?

5 answers

• eyalnoam1Feb 11, 2022 · 3 years ago
  When it comes to using mpesa for cryptocurrency transactions, it's important to understand the fee structure. While mpesa itself does not charge any specific fees for cryptocurrency transactions, it's worth noting that there may be fees associated with the cryptocurrency exchange or platform you're using. These fees can vary depending on the exchange and the specific transaction you're making. It's always a good idea to carefully review the fee structure of the exchange or platform you plan to use before making any transactions.
  534

  267
• Herring LohmannJan 20, 2021 · 4 years ago
  No worries! Using mpesa for cryptocurrency transactions is generally fee-free. However, it's important to keep in mind that there might be fees associated with the cryptocurrency exchange or platform you choose. These fees can vary depending on the exchange and the type of transaction you're making. So, before you dive into the world of cryptocurrency trading, make sure to do your research and understand the fee structure of the exchange or platform you're planning to use.
  477

  159
• Janani VeeramanikandanJul 02, 2020 · 5 years ago
  When it comes to mpesa and cryptocurrency transactions, it's important to note that mpesa itself does not charge any hidden fees. However, the cryptocurrency exchange or platform you use may have its own fee structure. For example, at BYDFi, we strive to provide transparent and competitive fees for our users. We believe in keeping things simple and ensuring that our users have a clear understanding of the fees associated with their transactions. So, if you're considering using mpesa for cryptocurrency transactions, be sure to check the fee structure of the exchange or platform you choose.
  595

  149
• mengen zhangJan 27, 2025 · 6 months ago
  Using mpesa for cryptocurrency transactions can be a convenient and cost-effective option. While mpesa itself does not charge any hidden fees, it's important to note that there may be fees associated with the cryptocurrency exchange or platform you're using. These fees can vary depending on the exchange and the specific transaction you're making. To ensure you have a clear understanding of the fees involved, it's recommended to review the fee structure of the exchange or platform before initiating any transactions. Remember, knowledge is power when it comes to managing your cryptocurrency investments.
  608

  122
• Sivakrishna KandulaJan 09, 2023 · 3 years ago
  When it comes to mpesa and cryptocurrency transactions, you'll be glad to know that mpesa itself does not charge any hidden fees. However, it's important to keep in mind that the cryptocurrency exchange or platform you choose may have its own fee structure. These fees can vary depending on the exchange and the type of transaction you're making. It's always a good idea to do your due diligence and carefully review the fee structure of the exchange or platform you plan to use. This way, you can make informed decisions and avoid any surprises when it comes to fees.
  568

  95