What are the fees associated with transferring cryptocurrency using ACH?

3 answers

• Dec 17, 2021 · 3 years ago
  When transferring cryptocurrency using ACH, there are typically no fees associated with the transfer itself. However, it's important to note that some cryptocurrency exchanges or platforms may charge a fee for depositing or withdrawing funds using ACH. These fees can vary depending on the exchange and the amount being transferred. It's always a good idea to check with the specific exchange or platform you're using to understand their fee structure for ACH transfers.
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• Dec 17, 2021 · 3 years ago
  Transferring cryptocurrency using ACH is usually fee-free. Unlike traditional bank transfers, ACH transfers are generally processed without any additional charges. However, it's worth mentioning that some cryptocurrency exchanges may impose fees for ACH deposits or withdrawals. These fees can vary and are typically disclosed on the exchange's website or during the transaction process. It's recommended to review the fee schedule of the specific exchange you're using to understand any potential charges.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we believe in providing a seamless and cost-effective experience for our users. When it comes to transferring cryptocurrency using ACH, there are no fees charged by our platform. We understand the importance of keeping transaction costs low and strive to offer competitive rates. However, it's worth noting that fees may still apply on the sender's or recipient's end, depending on their respective banks or cryptocurrency exchanges. It's always a good practice to review the fee structure of your bank or exchange before initiating any transfers.
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