Are there any fees involved when withdrawing money from FTX?

3 answers

• JAYASHRI MATHEWMay 30, 2022 · 3 years ago
  Yes, there are fees involved when withdrawing money from FTX. The exact fees depend on the cryptocurrency you are withdrawing. FTX charges a network fee for each withdrawal, which is used to cover the cost of transaction processing on the blockchain. The fee amount varies depending on the current network congestion and the specific cryptocurrency. It is important to check the fee schedule on the FTX platform before initiating a withdrawal to understand the exact charges for your chosen cryptocurrency.
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• karSep 01, 2020 · 5 years ago
  Absolutely! When you withdraw money from FTX, there will be fees associated with the transaction. These fees are necessary to ensure the smooth and secure transfer of your funds. The exact amount of fees depends on the cryptocurrency you are withdrawing and the current network conditions. FTX provides a transparent fee schedule on their platform, so you can easily find the information you need. Make sure to review the fee schedule before making any withdrawals to avoid any surprises.
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• MOUAD DRISSIJan 30, 2023 · 3 years ago
  Yes, there are fees involved when withdrawing money from FTX. However, the fees are relatively low compared to other cryptocurrency exchanges. FTX aims to provide competitive and fair fees to its users. The exact fee amount depends on the specific cryptocurrency you are withdrawing and the current network conditions. It is recommended to check the fee schedule on the FTX platform for the most up-to-date information. Keep in mind that fees may vary over time due to changes in network congestion and blockchain transaction costs.
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