What does SC per withdrawal mean in the context of cryptocurrency?

5 answers

• MRguld sejenMay 22, 2023 · 3 years ago
  SC per withdrawal stands for Service Charge per withdrawal. It is the fee charged by the cryptocurrency exchange platform for each withdrawal transaction. The SC per withdrawal fee is deducted from the total amount you want to withdraw. Different exchanges may have different SC per withdrawal fees, so it's important to check the fee structure of the exchange you are using. Keep in mind that SC per withdrawal is in addition to any network fees that may be charged by the blockchain network for processing the transaction.
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• nahdeJan 08, 2021 · 5 years ago
  When you see SC per withdrawal on a cryptocurrency exchange, it means that there is a service charge associated with each withdrawal you make. This fee is usually a fixed amount or a percentage of the total withdrawal amount. The SC per withdrawal fee is used to cover the costs of processing and securing the transaction on the exchange platform. It's important to consider the SC per withdrawal fee when planning your cryptocurrency transactions, as it can impact the overall cost of your withdrawals.
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• Raymond MoesgaardJan 08, 2025 · a year ago
  SC per withdrawal, also known as Service Charge per withdrawal, is a fee imposed by cryptocurrency exchanges for each withdrawal transaction. The SC per withdrawal fee varies from exchange to exchange and can be a fixed amount or a percentage of the withdrawal amount. It is important to note that SC per withdrawal is separate from any network fees charged by the blockchain network. So, when you see SC per withdrawal on a cryptocurrency exchange, it means that you will be charged an additional fee for each withdrawal you make.
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• ritchie zhengNov 04, 2022 · 3 years ago
  SC per withdrawal, short for Service Charge per withdrawal, is a fee that cryptocurrency exchanges charge for each withdrawal transaction. This fee is used to cover the operational costs of processing and securing the withdrawal. The SC per withdrawal fee can vary between exchanges and may be a fixed amount or a percentage of the withdrawal amount. It's important to consider the SC per withdrawal fee when planning your cryptocurrency transactions, as it can affect the overall cost and profitability of your trades.
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• KSMndzDec 21, 2022 · 3 years ago
  SC per withdrawal, or Service Charge per withdrawal, is a fee that cryptocurrency exchanges impose on users for each withdrawal they make. This fee helps cover the costs associated with processing and securing the withdrawal transaction. The SC per withdrawal fee can vary between exchanges and may be a fixed amount or a percentage of the withdrawal amount. It's important to factor in the SC per withdrawal fee when calculating the total cost of your cryptocurrency transactions on a particular exchange.
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