How does Citibank charge fees for investing in cryptocurrencies on its platform?

3 answers

• chirag niyogiMay 18, 2022 · 3 years ago
  Sure! When it comes to investing in cryptocurrencies on Citibank's platform, there are a few fees to keep in mind. Firstly, Citibank charges a trading fee for each transaction you make. This fee is usually a percentage of the total transaction amount and can vary depending on the specific cryptocurrency you are trading. Additionally, Citibank may also charge a withdrawal fee if you decide to transfer your cryptocurrencies to an external wallet or another platform. The withdrawal fee can vary depending on the cryptocurrency and the amount you are withdrawing. It's important to note that these fees are subject to change and it's always a good idea to check Citibank's website or contact their customer support for the most up-to-date information.
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• Elina AlbaresMar 21, 2021 · 4 years ago
  Citibank charges fees for investing in cryptocurrencies on its platform. The fees include a trading fee and a withdrawal fee. The trading fee is a percentage of the transaction amount and can vary depending on the cryptocurrency being traded. The withdrawal fee is charged when you transfer your cryptocurrencies to an external wallet or another platform. The amount of the withdrawal fee depends on the cryptocurrency and the amount being withdrawn. To get the most accurate and up-to-date information on the fees, it is recommended to visit Citibank's website or contact their customer support.
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• Hirak Jyoti DekaMar 16, 2024 · a year ago
  When it comes to investing in cryptocurrencies on Citibank's platform, there are fees involved. Citibank charges a trading fee for each transaction, which is a percentage of the total transaction amount. The specific fee percentage may vary depending on the cryptocurrency being traded. Additionally, if you decide to withdraw your cryptocurrencies from Citibank's platform to an external wallet or another platform, there may be a withdrawal fee. The withdrawal fee can vary depending on the cryptocurrency and the amount being withdrawn. It's important to keep in mind that these fees are subject to change, so it's a good idea to check Citibank's website or contact their customer support for the most accurate and up-to-date information.
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