Cryptocurrency Q&A
What is the 1% spread on Fidelity crypto?
What is the 1% spread on Fidelity crypto?
Daniela
Sun Dec 22 2024
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6 answers
1729
I am interested in understanding the 1% spread that Fidelity charges on its crypto transactions. I want to know how this spread is calculated and applied to crypto trades on the Fidelity platform.
6 answers
Lucia
Tue Dec 24 2024
Fidelity Digital Assets℠ levies a fee in the form of a spread on buy and sell transactions.
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Margherita
Tue Dec 24 2024
Fidelity Digital Assets℠ buys or sells digital assets to fulfill the investor's order at a price that includes the spread.
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HanbokGlamourQueen
Tue Dec 24 2024
The spread amount is set at 1% of the execution price for both buying and selling.
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Raffaele
Tue Dec 24 2024
The execution price refers to the price at which a transaction is completed.
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EnchantedNebula
Tue Dec 24 2024
A spread is essentially the difference between the price paid by the investor and the price at which Fidelity Digital Assets℠ executes the order.
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