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Are there any fees associated with cashing out cryptocurrency on Webull?

K KellyMay 07, 2022 · 3 years ago3 answers

What are the fees associated with cashing out cryptocurrency on Webull? Do they charge any transaction fees or withdrawal fees?

3 answers

  • May 07, 2022 · 3 years ago
    Yes, there are fees associated with cashing out cryptocurrency on Webull. When you sell your cryptocurrency, Webull charges a transaction fee of 1% of the total transaction amount. Additionally, there may be withdrawal fees depending on the cryptocurrency you are cashing out. It's important to check the specific fees for each cryptocurrency on Webull's platform before making any transactions.
  • May 07, 2022 · 3 years ago
    Absolutely! Webull does charge fees for cashing out cryptocurrency. They have a transaction fee of 1% for selling cryptocurrency, and there may be additional withdrawal fees depending on the specific cryptocurrency. Make sure to review the fee structure on Webull's website or app to get the most accurate and up-to-date information.
  • May 07, 2022 · 3 years ago
    Yes, there are fees associated with cashing out cryptocurrency on Webull. They charge a transaction fee of 1% for selling cryptocurrency. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers fee-free cashouts for certain cryptocurrencies. So, if you're looking to avoid fees, you may want to consider using BYDFi instead.