3 ms·

You're conveniently forgetting the fees and other transaction costs associated with purchasing the Ether and then selling it for fiat.

• Tenoke 5y ago
  The fees for buying and selling it are on the order of 0.075-0.5% with most exchanges.
  • lottin 5y ago
    And the wire transfers between the bank accounts and the exchange?
    • Tenoke 5y ago
      Those are free for most people - in Europe via SWIFT and in the US via an ACH transfer.