What are the fees associated with using a wise card for cryptocurrency transactions abroad?

6 answers

• Hede WebsterMay 18, 2023 · 2 years ago
  Using a wise card for cryptocurrency transactions abroad may involve several types of fees. First, there could be a transaction fee charged by the wise card provider for each transaction you make. This fee is usually a percentage of the transaction amount. Additionally, there might be a foreign exchange fee if you're using the wise card to convert your cryptocurrency into local currency. This fee is typically a percentage of the transaction amount as well. It's important to check with your wise card provider to understand the specific fees they charge for international cryptocurrency transactions.
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• Harika ChMar 03, 2022 · 4 years ago
  When using a wise card for cryptocurrency transactions abroad, you may encounter various fees. These fees can include transaction fees, foreign exchange fees, and possibly even withdrawal fees. Transaction fees are charged by the wise card provider for each transaction you make, and they are usually a percentage of the transaction amount. Foreign exchange fees may apply if you're converting your cryptocurrency into local currency, and these fees are also typically a percentage of the transaction amount. Withdrawal fees may be charged if you're withdrawing cash from an ATM using your wise card. It's important to carefully review the fee structure of your wise card provider before using it for cryptocurrency transactions abroad.
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• Chio MiyamoAug 16, 2022 · 3 years ago
  When it comes to using a wise card for cryptocurrency transactions abroad, the fees can vary depending on the provider. For example, at BYDFi, we strive to offer competitive fees for our users. We charge a transaction fee of 0.5% for each cryptocurrency transaction made with our wise card. Additionally, there is a foreign exchange fee of 1% for converting cryptocurrency into local currency. These fees are subject to change, so it's always a good idea to check our website for the most up-to-date fee information. We aim to provide a transparent fee structure to ensure our users have a clear understanding of the costs involved in using our wise card for cryptocurrency transactions abroad.
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• Jose misael Hidalgo venturaJul 19, 2024 · a year ago
  Using a wise card for cryptocurrency transactions abroad can come with certain fees. These fees can include transaction fees, foreign exchange fees, and potentially ATM withdrawal fees. Transaction fees are charged by the wise card provider for each transaction you make, and they are typically a percentage of the transaction amount. Foreign exchange fees may apply if you're converting your cryptocurrency into local currency, and these fees are also usually a percentage of the transaction amount. Some wise card providers may charge additional fees for ATM withdrawals, so it's important to review the terms and conditions of your specific wise card before using it for cryptocurrency transactions abroad. Make sure to compare fees across different providers to find the best option for your needs.
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• MlaBurJan 01, 2021 · 5 years ago
  When using a wise card for cryptocurrency transactions abroad, it's important to be aware of the potential fees involved. These fees can include transaction fees, foreign exchange fees, and potentially ATM withdrawal fees. Transaction fees are typically charged by the wise card provider for each transaction you make, and they can vary in percentage depending on the provider. Foreign exchange fees may apply if you're converting your cryptocurrency into local currency, and these fees are usually a percentage of the transaction amount as well. Some wise card providers may also charge additional fees for ATM withdrawals, so it's important to read the terms and conditions of your wise card to understand the specific fees that may apply.
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• Lawal SodiqAug 07, 2024 · a year ago
  Using a wise card for cryptocurrency transactions abroad can incur various fees. These fees can include transaction fees, foreign exchange fees, and potentially ATM withdrawal fees. Transaction fees are charged by the wise card provider for each transaction you make, and they are typically a percentage of the transaction amount. Foreign exchange fees may apply if you're converting your cryptocurrency into local currency, and these fees are usually a percentage of the transaction amount as well. Some wise card providers may also charge additional fees for ATM withdrawals, so it's important to carefully review the fee structure of your wise card before using it for cryptocurrency transactions abroad. Comparing fees across different providers can help you find the most cost-effective option for your needs.
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