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What are the fees associated with ach withdrawals on cryptocurrency platforms?

avatarJonyleoDec 18, 2021 · 3 years ago3 answers

Can you explain the fees associated with ach withdrawals on cryptocurrency platforms? I'm curious to know how much it costs to withdraw funds using ach on these platforms.

What are the fees associated with ach withdrawals on cryptocurrency platforms?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    When it comes to ach withdrawals on cryptocurrency platforms, the fees can vary depending on the platform you're using. Some platforms may charge a flat fee for ach withdrawals, while others may charge a percentage of the withdrawal amount. It's important to check the fee structure of the specific platform you're using to get an accurate understanding of the fees associated with ach withdrawals.
  • avatarDec 18, 2021 · 3 years ago
    ACH withdrawals on cryptocurrency platforms usually come with fees. These fees can range from a few dollars to a percentage of the withdrawal amount. It's best to check the platform's fee schedule to see the exact fees associated with ach withdrawals. Keep in mind that fees may vary depending on the platform and the amount you're withdrawing.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, we understand the importance of transparent fee structures. When it comes to ach withdrawals on our platform, we charge a flat fee of $5 per withdrawal. This fee covers the costs associated with processing ach withdrawals and ensures a smooth and efficient experience for our users. We believe in providing fair and competitive fees to our users, and our ach withdrawal fee is in line with industry standards.