What are the fees associated with investing in digital currencies on Wealthsimple?

3 answers

• omarDec 04, 2023 · 2 years ago
  Investing in digital currencies on Wealthsimple comes with various fees. The main fee is the transaction fee, which is charged when you buy or sell digital currencies. This fee is typically a percentage of the transaction amount. Additionally, there may be withdrawal fees if you decide to transfer your digital currencies to an external wallet or another platform. It's important to note that these fees can vary depending on the specific digital currency and the amount being transacted. Wealthsimple may also have different fee structures based on the amount invested or the frequency of trading. It's recommended to review Wealthsimple's fee schedule or contact their customer support for the most up-to-date information.
  725

  363
• Sagar MadankarFeb 27, 2021 · 4 years ago
  When it comes to investing in digital currencies on Wealthsimple, you should be aware of the fees involved. Transaction fees are one of the main fees you'll encounter. These fees are charged when you buy or sell digital currencies and are usually a percentage of the transaction amount. Additionally, there may be withdrawal fees if you decide to move your digital currencies to another wallet or platform. The specific fees can vary depending on the digital currency and the amount being transacted. It's always a good idea to check Wealthsimple's fee schedule or reach out to their customer support for accurate and up-to-date information on fees.
  649

  217
• JohanneApr 14, 2025 · 3 months ago
  Investing in digital currencies on Wealthsimple involves certain fees. The transaction fee is the primary fee you'll encounter when buying or selling digital currencies. This fee is typically a percentage of the transaction amount. If you decide to withdraw your digital currencies to an external wallet or another platform, there may be additional withdrawal fees. It's worth noting that the fees can vary depending on the specific digital currency and the transaction amount. As for Wealthsimple, they may have different fee structures based on the amount invested or the frequency of trading. For more detailed information on fees, it's recommended to visit Wealthsimple's website or contact their customer support.
  718

  180