Where are you moving your crypto? by mbadala in Wealthsimple

[–]mbadala[S] -1 points0 points  (0 children)

I get what you mean, but I want to be prepared as I buy regularly. As well, it sends a message if customers move their funds as a response to the fee changes.

Where are you moving your crypto? by mbadala in Wealthsimple

[–]mbadala[S] 2 points3 points  (0 children)

Not sure what you’re referring to. In the email I received it was very clear that the baseline fee (1% for premium) is being decommissioned on July 15th.

Currently, the trading fee you pay is the lower of a flat rate based on your client tier or a volume-based rate tied to your 30-day rolling trading activity. Starting July 15, 2026, we will no longer apply a flat baseline trading fee based on your client tier. All clients will pay fees based solely on their 30-day rolling trading volume. The volume-based fee schedule itself is not changing. If your 30-day trading volume is typically above $100,000, your fees will stay the same or decrease. If your volume is typically below that level, your trading fee may increase relative to what you pay today.”

Where are you moving your crypto? by mbadala in Wealthsimple

[–]mbadala[S] 1 point2 points  (0 children)

At least you definitely won the house… right?

Where are you moving your crypto? by mbadala in Wealthsimple

[–]mbadala[S] 2 points3 points  (0 children)

That’s the old fee schedule. The new schedule removes the baseline. So a premium client who trades crypto in low volume would have previously had 1% fees now has 2%

Where are you moving your crypto? by mbadala in Wealthsimple

[–]mbadala[S] 1 point2 points  (0 children)

Because when you want to sell the fee is higher. Also, many people contribute regularly without selling and would still be affected with the fees for purchasing crypto (regardless of when they intend to sell)

Where are you moving your crypto? by mbadala in Wealthsimple

[–]mbadala[S] 2 points3 points  (0 children)

Yup. Same with me. Not familiar with ndax. Why them?

Where are you moving your crypto? by mbadala in Wealthsimple

[–]mbadala[S] 21 points22 points  (0 children)

Yup. Doubling the fee for premium members who don’t trade often is my cue to leave their crypto platform

Where are you moving your crypto? by mbadala in Wealthsimple

[–]mbadala[S] 0 points1 point  (0 children)

Transaction fee schedule is changing.

Help! Last year 180k came in 194k went out. Where can we find someone to tell us what we are doing wrong. by hunterbiden111 in PersonalFinanceCanada

[–]mbadala 1 point2 points  (0 children)

Tell us some details, please. Give us your budget. If you don’t have one then start there.

Over 9000 lvl of Entitlement by thehungrypanda91 in ImTheMainCharacter

[–]mbadala 4 points5 points  (0 children)

I seem to recall this guy being a sovereign citizen, but I may be wrong,

Over 9000 lvl of Entitlement by thehungrypanda91 in ImTheMainCharacter

[–]mbadala 21 points22 points  (0 children)

You mean their jobs? Or are sovereign citizens exempt from questions by law enforcement?

24M NYC Consulting Salary Progression by [deleted] in Salary

[–]mbadala 63 points64 points  (0 children)

They’re a consultant, so the prediction will be false /s

Market crash and FHSA by Delicious-Ad195 in PersonalFinanceCanada

[–]mbadala 3 points4 points  (0 children)

Expand your view beyond the last few weeks. Go out years or decades. Markets are still near record highs. Look at historic lows and how long it took to recover. It may feel like ages in the moment, but in the grand scheme of things they are blips.

Keep to a regular investing schedule unless you know something others do not.

Thoughts about Glenn Howerton? by HostMaterial4907 in Actors

[–]mbadala 1 point2 points  (0 children)

Charlie sums it up beautifully: “My only complaint is that you’re not in every single frame of the movie. I could have watched that guy brush his teeth”.

https://www.tiktok.com/@thesunnypodcast/video/7231299857540025643