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lottin
1575 days ago
You're conveniently forgetting the fees and other transaction costs associated with purchasing the Ether and then selling it for fiat.
1 comments
Tenoke
1575 days ago
The fees for buying and selling it are on the order of 0.075-0.5% with most exchanges.
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lottin
1575 days ago
And the wire transfers between the bank accounts and the exchange?
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Tenoke
1575 days ago
Those are free for most people - in Europe via SWIFT and in the US via an ACH transfer.
link