What are the fees and processing times for transferring funds from Citibank to a cryptocurrency exchange?

3 answers

• L1SophiaJul 29, 2020 · 5 years ago
  Transferring funds from Citibank to a cryptocurrency exchange usually involves certain fees and processing times. The fees can vary depending on the exchange and the amount being transferred. It's important to check with your specific exchange for their fee structure. As for the processing times, it can range from a few minutes to several hours, depending on various factors such as network congestion and the type of cryptocurrency being transferred. It's advisable to plan ahead and allow for some buffer time to account for any potential delays.
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• k nokiFeb 03, 2024 · 2 years ago
  When transferring funds from Citibank to a cryptocurrency exchange, you may encounter fees and processing times. The fees can be different for each exchange, so it's recommended to check the fee schedule provided by your chosen exchange. As for the processing times, they can vary depending on the network congestion and the specific cryptocurrency being transferred. Some transfers may be completed within minutes, while others may take longer. It's always a good idea to double-check the information provided by your exchange and consider any potential delays that may occur.
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• Gabriel TignorFeb 28, 2023 · 2 years ago
  When transferring funds from Citibank to a cryptocurrency exchange, the fees and processing times can differ based on the exchange you choose. For example, at BYDFi, the fees for transferring funds from Citibank to the exchange are 0.1% of the transferred amount. The processing times usually range from 10 to 30 minutes, depending on the network congestion. However, it's important to note that fees and processing times can vary among different exchanges, so it's recommended to research and compare before making a decision.
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