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Are there any fees or restrictions when cashing out from Bybit?

avatarThomsen SawyerDec 27, 2021 · 3 years ago1 answers

What are the fees and restrictions associated with cashing out from Bybit?

Are there any fees or restrictions when cashing out from Bybit?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Bybit, like most cryptocurrency exchanges, charges fees for cashing out. The withdrawal fee varies depending on the cryptocurrency you are withdrawing. Additionally, there may be network fees associated with the blockchain network used by Bybit. These fees are not set by Bybit and are determined by the network itself. As for restrictions, Bybit may have certain limits on the amount you can withdraw within a specific time period. These limits are in place to prevent any potential security breaches and ensure the stability of the platform. It's recommended to review the current withdrawal fees and restrictions on the Bybit website before initiating any cash-out transactions.