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How does Schwab handle short term redemption fees for cryptocurrencies?

Gojo SaturoNov 26, 2023 · 2 years ago3 answers

Can you explain how Schwab handles short term redemption fees for cryptocurrencies? I'm interested in knowing the specific fees and any restrictions or requirements that may apply.

3 answers

  • Roy HensensJul 09, 2024 · a year ago
    Schwab does not currently offer cryptocurrency trading services, so they do not have any specific policies or fees related to short term redemption fees for cryptocurrencies.
  • socBuilderJul 18, 2022 · 3 years ago
    As of now, Schwab does not support cryptocurrency trading. Therefore, they do not have any policies or fees related to short term redemption fees for cryptocurrencies.
  • Pixel_7777Jul 23, 2020 · 5 years ago
    At BYDFi, we handle short term redemption fees for cryptocurrencies by charging a small percentage fee on the redeemed amount. This fee is designed to discourage frequent trading and promote long-term investment strategies. It helps to maintain the stability of the platform and ensure fair treatment for all users.

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