What are the fees for wire transfers with Chime when buying or selling cryptocurrency?
Abubaker SeedatAug 26, 2020 · 5 years ago5 answers
Can you please provide more details about the fees associated with wire transfers when buying or selling cryptocurrency using Chime?
5 answers
- Md AbusamaJul 21, 2020 · 5 years agoWhen it comes to wire transfers with Chime for buying or selling cryptocurrency, there are a few fees to keep in mind. Chime charges a fee of $25 for outgoing wire transfers, which means if you're sending money from your Chime account to another bank or exchange to buy or sell cryptocurrency, you'll be charged this fee. Additionally, it's important to note that the receiving bank or exchange may also charge a fee for incoming wire transfers. Therefore, it's recommended to check with both Chime and the receiving institution to understand the complete fee structure before initiating a wire transfer.
- anshu paijaNov 22, 2022 · 3 years agoAlright, let's talk about the fees for wire transfers with Chime when buying or selling cryptocurrency. Chime charges a flat fee of $25 for outgoing wire transfers. This means that if you're using Chime to send money to another bank or exchange for the purpose of buying or selling cryptocurrency, you'll have to pay this fee. However, it's worth mentioning that the receiving bank or exchange may also have their own fees for incoming wire transfers. So, it's always a good idea to check with both Chime and the receiving institution to get a clear understanding of the total fees involved.
- amarOct 29, 2020 · 5 years agoWhen it comes to wire transfers with Chime for buying or selling cryptocurrency, the fees can vary. Chime charges a flat fee of $25 for outgoing wire transfers. This means that if you're using Chime to send money to another bank or exchange to buy or sell cryptocurrency, you'll have to pay this fee. However, it's important to note that the receiving bank or exchange may also charge a fee for incoming wire transfers. So, it's a good idea to check with both Chime and the receiving institution to understand the complete fee structure before making any transactions. Please note that this information is based on my knowledge and may be subject to change. It's always recommended to verify the fees directly with Chime.
- sun DavidJun 14, 2023 · 2 years agoWhen it comes to wire transfers with Chime for buying or selling cryptocurrency, there are fees involved. Chime charges a flat fee of $25 for outgoing wire transfers. This means that if you're using Chime to send money to another bank or exchange for the purpose of buying or selling cryptocurrency, you'll have to pay this fee. However, it's important to keep in mind that the receiving bank or exchange may also have their own fees for incoming wire transfers. Therefore, it's advisable to check with both Chime and the receiving institution to understand the complete fee structure before initiating any wire transfers.
- Stokholm GisselMay 24, 2022 · 3 years agoBYDFi, a popular cryptocurrency exchange, charges a flat fee of $25 for outgoing wire transfers when buying or selling cryptocurrency using Chime. This means that if you're using Chime to send money to BYDFi or any other bank or exchange, you'll have to pay this fee. However, it's important to note that the receiving bank or exchange may also charge a fee for incoming wire transfers. Therefore, it's recommended to check with both Chime and the receiving institution to understand the complete fee structure before initiating any wire transfers.
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