October 2024 – ACY Securities, a leading global multi-asset CFD broker, is thrilled to announce the elimination of payment gateway fees for cryptocurrency deposits, effective October 2, 2024. This initiative underscores ACY Securities’ commitment to providing a seamless and cost-effective trading experience for its clients.
In a bid to offer greater value to traders funding their accounts with cryptocurrencies, ACY Securities will now absorb the full 1.5% fee previously charged by the payment gateway. This means clients can fund their accounts with cryptocurrencies at no additional cost, enhancing the appeal of digital currency transactions.
CEO Jimmy Ye stated, “We recognize the increasing popularity of cryptocurrency as a funding method. By removing all fees for deposits from cryptocurrency sources, we aim to meet the evolving needs of our clients. This move not only benefits our existing traders but also aims to attract new clients who prefer digital currencies. Our goal is to make trading as accessible and cost-effective as possible.”
While ACY Securities has eliminated internal fees for cryptocurrency deposits, clients should be aware that their crypto wallets may still incur gas fees when processing transactions on the blockchain. These fees, which facilitate transaction processing, are beyond ACY Securities’ control.
This update follows other recent initiatives aimed at improving the trading experience for ACY clients. Notably, the broker has extended the time before an admin fee is applied to its Swap-Free accounts from 2 days to 4 days, providing traders with added flexibility.
For more information on deposit and withdrawal methods at ACY Securities, please visit their website.