#TrumpBTCTreasury

In addition to transaction fees and fund transfer fees, traders may have to pay currency conversion fees, depending on the currencies that are accepted by the Bitcoin exchange. If a user transfers Canadian dollars to an exchange that only deals in U.S. dollars, the bank or the exchange will convert the CAD to USD for a fee. Transacting with an exchange that accepts your local currency is the best way to avoid the FX fee.

Nearly all Bitcoin exchanges have transaction fees applied to each completed buy and sell order carried out within the exchange. The fee rate depends on the volume of Bitcoin transactions conducted on the network.