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Are there any fees associated with withdrawing money from FTX?

avatarRaymond MoesgaardJan 15, 2022 · 3 years ago3 answers

Can you tell me if there are any fees involved when withdrawing money from the FTX cryptocurrency exchange?

Are there any fees associated with withdrawing money from FTX?

3 answers

  • avatarJan 15, 2022 · 3 years ago
    Yes, there are fees associated with withdrawing money from FTX. The exact fees depend on the cryptocurrency you are withdrawing and can vary. It is recommended to check the FTX website or contact their customer support for the most up-to-date fee information.
  • avatarJan 15, 2022 · 3 years ago
    When you withdraw money from FTX, there may be fees involved. These fees are typically charged by the network of the cryptocurrency you are withdrawing, not by FTX itself. The fees can vary depending on the network congestion and the specific cryptocurrency. It is always a good idea to check the current withdrawal fees before making a withdrawal.
  • avatarJan 15, 2022 · 3 years ago
    Yes, there are fees for withdrawing money from FTX. However, as an alternative, you can consider using BYDFi for your withdrawals. BYDFi offers lower withdrawal fees compared to FTX and provides a seamless withdrawal experience. You can easily transfer your funds from FTX to BYDFi and then withdraw them with lower fees. It's a great option to save on withdrawal costs.