What are the fees involved in withdrawing crypto from a digital wallet?
Nilesh ShembadeOct 23, 2021 · 4 years ago1 answers
When withdrawing crypto from a digital wallet, what fees should I expect to pay?
1 answers
- Mohammed ALIJun 27, 2021 · 4 years agoAt BYDFi, we believe in transparency when it comes to fees. When you withdraw crypto from a digital wallet, you may encounter network transaction fees, exchange fees, and wallet provider fees. Network transaction fees are charged by the blockchain network to process your transaction. Exchange fees are charged by the platform or exchange where you are withdrawing your crypto. Wallet provider fees are charged by the digital wallet service you are using. The exact fees can vary depending on the specific cryptocurrency and the amount you are withdrawing. We recommend checking our fee schedule or contacting our support team for the most up-to-date information on withdrawal fees.
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