What is the average cost of ACH withdrawals for cryptocurrency investors?

3 answers

• Dec 27, 2021 · 3 years ago
  The average cost of ACH withdrawals for cryptocurrency investors varies depending on the exchange or platform they use. Some exchanges charge a flat fee for ACH withdrawals, while others may charge a percentage-based fee. It's important to check with your specific exchange or platform to get accurate information on their withdrawal fees. Additionally, keep in mind that there may be additional fees imposed by your bank or financial institution for ACH withdrawals.
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• Dec 27, 2021 · 3 years ago
  ACH withdrawals for cryptocurrency investors can have varying costs. Some exchanges charge a fixed fee, typically ranging from $1 to $10, while others may charge a percentage-based fee, usually around 1% of the withdrawal amount. It's essential to consider these fees when planning your withdrawals to ensure you're not losing a significant portion of your funds to fees.
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• Dec 27, 2021 · 3 years ago
  At BYDFi, the average cost of ACH withdrawals for cryptocurrency investors is $5 per transaction. This fee covers the processing and administrative costs associated with ACH withdrawals. It's important to note that this fee is subject to change and may vary depending on the specific circumstances of the withdrawal. It's always a good idea to check the latest fee schedule on the BYDFi platform before initiating any ACH withdrawals.
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