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Are there any fees associated with withdrawing money from Webull using cryptocurrencies?

avatarAdibastDec 22, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when withdrawing money from Webull using cryptocurrencies? I'm considering using cryptocurrencies for my withdrawals, but I want to make sure I understand all the costs involved before making a decision.

Are there any fees associated with withdrawing money from Webull using cryptocurrencies?

3 answers

  • avatarDec 22, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing money from Webull using cryptocurrencies. Webull charges a withdrawal fee of 0.1% of the withdrawal amount for cryptocurrency withdrawals. This fee is deducted from the total amount you want to withdraw. So, if you want to withdraw $100 worth of cryptocurrencies, you will be charged a fee of $0.1. It's important to note that this fee is subject to change and may vary depending on the specific cryptocurrency you are withdrawing.
  • avatarDec 22, 2021 · 3 years ago
    Absolutely! When you withdraw money from Webull using cryptocurrencies, there are fees involved. The fee structure for cryptocurrency withdrawals on Webull is based on a percentage of the withdrawal amount. The exact fee percentage may vary depending on the specific cryptocurrency you are withdrawing. It's always a good idea to check the latest fee schedule on the Webull platform to get the most accurate information.
  • avatarDec 22, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing money from Webull using cryptocurrencies. However, at BYDFi, we offer fee-free withdrawals for cryptocurrencies. So, if you choose to withdraw your money using cryptocurrencies on BYDFi, you won't have to worry about any additional fees. It's just one of the many benefits of using BYDFi as your preferred cryptocurrency exchange.