What are the fees and commissions associated with cryptocurrency trading on Schwab and Fidelity?

2 answers

• Sk MD Sakib SamiApr 29, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can provide you with information about the fees and commissions associated with cryptocurrency trading on Schwab and Fidelity. Schwab does not currently offer cryptocurrency trading, so there are no fees or commissions associated with it. However, Fidelity does offer cryptocurrency trading through its subsidiary, Fidelity Digital Assets. The fees on Fidelity vary depending on the type of account you have and the size of your trade. Retail customers can expect to pay a fee starting at 1.25% for Bitcoin trades, while institutional customers enjoy lower fees starting at 0.25%. It's important to keep in mind that these fees are subject to change, so it's always a good idea to check the latest fee schedule on Fidelity's website.
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• Christiansen GlassJul 22, 2024 · a year ago
  When it comes to cryptocurrency trading on Schwab and Fidelity, it's important to understand the fees and commissions involved. Schwab does not currently offer cryptocurrency trading, so there are no fees or commissions associated with it. On the other hand, Fidelity does offer cryptocurrency trading through its subsidiary, Fidelity Digital Assets. The fees on Fidelity vary depending on the type of account you have and the size of your trade. Retail customers can expect to pay a fee starting at 1.25% for Bitcoin trades, while institutional customers enjoy lower fees starting at 0.25%. It's worth noting that these fees are subject to change, so it's always a good idea to check the latest fee schedule on Fidelity's website.
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