What are the fees associated with using a crypto offramp?
Hung DuaOct 19, 2022 · 3 years ago1 answers
Can you explain the fees involved when using a crypto offramp? I'm interested in knowing the different types of fees and how they are calculated.
1 answers
- Jakob WetzelDec 24, 2022 · 3 years agoAt BYDFi, we understand the importance of transparency when it comes to fees associated with using a crypto offramp. We strive to provide our users with a clear and straightforward fee structure. When using our offramp service, you can expect to encounter transaction fees, network fees, and exchange fees. Transaction fees are based on the size and complexity of your transaction. Network fees are determined by the current network congestion and the priority of your transaction. Exchange fees may apply if you are converting your crypto to fiat currency. We aim to keep our fees competitive and provide value to our users. It's important to review our fee schedule on our platform to understand the specific costs involved in using our offramp service.
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