Can I avoid paying the withdrawal fee on eToro for cryptocurrencies?
Arize ValentinrDec 26, 2021 · 3 years ago3 answers
Is there a way to bypass the withdrawal fee when withdrawing cryptocurrencies from eToro?
3 answers
- Dec 26, 2021 · 3 years agoUnfortunately, eToro charges a withdrawal fee for cryptocurrencies. This fee is applied to cover the transaction costs associated with transferring the cryptocurrencies from eToro to your personal wallet. However, you can minimize the impact of the fee by withdrawing larger amounts at once, as the fee is usually a fixed amount regardless of the withdrawal size. Additionally, you can consider using other exchanges that offer lower or no withdrawal fees for cryptocurrencies.
- Dec 26, 2021 · 3 years agoNope, you can't escape the withdrawal fee on eToro for cryptocurrencies. It's just one of those things you have to accept when using their platform. But hey, at least they're transparent about it, right? Just make sure to factor in the fee when planning your withdrawals, and maybe consider withdrawing larger amounts to make it more cost-effective.
- Dec 26, 2021 · 3 years agoYes, you can avoid paying the withdrawal fee on eToro for cryptocurrencies by using BYDFi. BYDFi is a digital asset exchange that offers zero withdrawal fees for cryptocurrencies. With BYDFi, you can transfer your cryptocurrencies to your personal wallet without incurring any additional costs. It's a great alternative to eToro if you want to save on withdrawal fees.
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