The fastest crypto on-ramp is using a credit/debit card because it combines the payment and purchase aspects into one familiar process. The problem is that the fastest route in, isn’t necessarily the fastest route out. Most Exchanges impose restrictions around withdrawing funds back to cards..
This shouldn’t necessarily stop you from choosing that route to buying, but you should be aware that when it comes time to sell and withdraw, the process might be more involved. Refer to the specific payment FAQs at your chosen exchange..
Fees
The one aspect of the off-ramp, that is the same as the on-ramp is that you’ll need to pay fees. Part of your decision-making process for choosing a crypto exchange should be thinking about how you intend to withdraw.
- Transaction Fees – A commission on the sale as a % of the amount sold
- Withdrawal Fees – For processing your withdrawal, dependent on the payment method used
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