Cryptocurrency Q&A
Do you have to pay a fee for international transactions?
Do you have to pay a fee for international transactions?
amelia_martinez_engineer
Wed Oct 23 2024
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6 answers
1054
I'm wondering if there's a charge for making international transactions. Is it necessary to pay a fee when sending or receiving money across borders?
6 answers
Giulia
Thu Oct 24 2024
When traveling abroad or shopping online with international merchants, consumers often face additional charges on their credit or debit card transactions.
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Riccardo
Thu Oct 24 2024
Many consumers are unaware of these fees until they see them reflected on their statement.
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Andrea
Thu Oct 24 2024
BTCC, a top cryptocurrency exchange, offers a range of services that can help mitigate such fees. Their platform includes spot, futures, and wallet services, allowing users to buy, sell, and store cryptocurrencies in a seamless manner.
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Ilaria
Thu Oct 24 2024
These charges are known as foreign transaction fees, which are imposed by the card issuer, typically a bank.
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Raffaele
Thu Oct 24 2024
The foreign transaction fee can range from 2% to 3% of the total purchase price.
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