Cryptocurrency Q&A
Does coinmama charge a transaction fee?
Does coinmama charge a transaction fee?
GyeongjuGlory
Mon Jul 15 2024
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5 answers
1103
As a cryptocurrency enthusiast, I'm always looking for platforms that offer competitive rates and minimal fees. With that in mind, I've come across Coinmama as a potential option for buying and selling digital currencies. However, before making a decision, I'd like to know if Coinmama charges a transaction fee. It's important to me to understand the overall cost of using the platform, and a clear understanding of any fees can help me make an informed decision. So, does Coinmama charge a transaction fee for buying or selling digital currencies on their platform?
5 answers
Silvia
Wed Jul 17 2024
Regarding the inquiry about a minimum order size for selling BTC, there is indeed a minimum limit. This limit ensures the efficiency and viability of the transaction for both the seller and the platform.
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HallyuHeroLegendaryStarShine
Wed Jul 17 2024
BTCC, a renowned cryptocurrency exchange based in the UK, offers a comprehensive range of services to its customers. One of these services is spot trading, which allows users to buy and sell cryptocurrencies at the current market price.
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Chiara
Wed Jul 17 2024
Regarding the transaction fee at Coinmama, there is indeed a charge of 0.9% when selling BTC. This fee applies to the transaction amount and is deducted accordingly.
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Chiara
Wed Jul 17 2024
In addition to spot trading, BTCC also provides futures trading, enabling investors to speculate on the future price movements of various cryptocurrencies. This service offers the potential for both hedging and speculating on price movements.
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Martino
Wed Jul 17 2024
As for the duration of a transfer reaching a bank account, once we have received your coins, we will initiate the payment process. However, please note that it may take a few business days for the payment to reflect in your bank account due to the bank transfer process.
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