What are the fees associated with withdrawing money from FTX to my bank account?

7 answers

• Jonathan KwonApr 10, 2021 · 4 years ago
  When withdrawing money from FTX to your bank account, there are several fees to consider. First, there may be a withdrawal fee charged by FTX, which is typically a fixed amount or a percentage of the withdrawal amount. Additionally, your bank may charge a fee for receiving the funds. It's important to check with your bank to understand their specific fees. The withdrawal fee from FTX and the bank fee are separate and may vary depending on the amount being withdrawn. It's advisable to consider these fees when planning your withdrawals.
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• Star ExpertDec 18, 2021 · 4 years ago
  The fees associated with withdrawing money from FTX to your bank account can vary depending on the withdrawal method and the amount being withdrawn. FTX may charge a flat fee or a percentage-based fee for withdrawals. Additionally, your bank may charge a fee for receiving the funds. It's recommended to check the FTX website or contact their customer support for the most up-to-date information on withdrawal fees. Keep in mind that these fees may change over time, so it's important to stay informed.
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• Reagan SagolsemJun 27, 2021 · 4 years ago
  When withdrawing money from FTX to your bank account, you should be aware of the fees involved. FTX charges a withdrawal fee based on the cryptocurrency being withdrawn. The fee structure can be found on their website or by contacting their customer support. It's important to note that the fees may vary depending on the cryptocurrency and the amount being withdrawn. Additionally, your bank may charge a fee for receiving the funds. It's recommended to check with your bank to understand their fees as well. Overall, it's essential to consider these fees when planning your withdrawals.
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• JillPAug 13, 2021 · 4 years ago
  Withdrawal fees from FTX to your bank account can vary depending on the cryptocurrency and the amount being withdrawn. FTX charges a fixed fee or a percentage-based fee for withdrawals, which can be found on their website. It's important to note that your bank may also charge a fee for receiving the funds. To get the most accurate information about the fees, it's recommended to check the FTX website or contact their customer support. It's advisable to consider these fees and factor them into your decision-making process when withdrawing funds.
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• juuzouXpainJan 15, 2025 · 7 months ago
  When it comes to withdrawing money from FTX to your bank account, there are fees involved. FTX charges a withdrawal fee, which can be a fixed amount or a percentage of the withdrawal amount. The fee structure can be found on their website. Additionally, your bank may charge a fee for receiving the funds. It's important to check with your bank to understand their specific fees. Considering these fees is crucial to ensure you have a clear understanding of the costs associated with withdrawing money from FTX to your bank account.
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• Chennai ChiyangwaJul 29, 2023 · 2 years ago
  Withdrawal fees from FTX to your bank account can vary depending on the withdrawal method and the amount being withdrawn. FTX charges a fee for withdrawals, which can be a fixed amount or a percentage of the withdrawal amount. It's recommended to check the FTX website or contact their customer support for the most accurate and up-to-date information on withdrawal fees. Additionally, your bank may charge a fee for receiving the funds. It's important to consider these fees when planning your withdrawals to avoid any surprises.
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• Iuliashka KachanDec 17, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, charges a withdrawal fee for transferring funds from FTX to your bank account. The fee structure can be found on their website or by contacting their customer support. Additionally, your bank may charge a fee for receiving the funds. It's advisable to check with your bank to understand their specific fees. Considering these fees is important to ensure you have a clear understanding of the costs associated with withdrawing money from FTX to your bank account.
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