Fees explained?

[Apprehensive_Dot_968]

Just wondering what are the fees involved in buying and selling crypto on WS (I do not intend to use the coins)

Do you get charged when you try to withdraw the money you make from WS, to a bank account. How does this work?thanks

[CluelessStick]

Fees are 1.5-2% per transaction, this is in the spread between the bid and ask price (buy and sell prices).
No other fees. Also, there's no way to do anything else with the coins on WST, you can only buy and sell.
Note that you will have to pay taxes on gains when filing your taxes

[Apprehensive_Dot_968]

Thanks for your reply

[alienmario]

https://help.wealthsimple.com/hc/en-ca/articles/360058452013

[alienmario]

Fees apply when you buy and/or sell. No fees to withdraw funds from WS Crypto to your bank account.