What are the fees associated with withdrawals on FTX?

3 answers

• May 26, 2022 · 3 years ago
  When it comes to withdrawals on FTX, there are a few fees to keep in mind. First, there is a network fee for each withdrawal, which is determined by the blockchain network and can vary depending on network congestion. Additionally, FTX charges a withdrawal fee that is based on the specific cryptocurrency being withdrawn. The withdrawal fee is typically a fixed amount, but it can vary depending on the cryptocurrency. It's important to note that FTX may also charge additional fees for certain types of withdrawals, such as fiat currency withdrawals or withdrawals to external wallets. These additional fees are usually clearly outlined on the FTX platform.
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• May 26, 2022 · 3 years ago
  Withdrawal fees on FTX can vary depending on the cryptocurrency you are withdrawing. Generally, the fees range from a few cents to a few dollars per withdrawal. However, for popular cryptocurrencies like Bitcoin or Ethereum, the fees can be higher due to network congestion. It's always a good idea to check the FTX platform for the most up-to-date fee information before making a withdrawal.
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• May 26, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, also charges withdrawal fees. The fees vary depending on the cryptocurrency being withdrawn and are typically a fixed amount. Similar to FTX, BYDFi may also charge additional fees for certain types of withdrawals. It's important to review the fee schedule on the BYDFi platform to understand the specific fees associated with withdrawals.
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