There is a 1% fee to convert and withdraw your crypto to cash in addition to standard network fees . A network fee is necessary in order to have your transaction processed by the decentralized cryptocurrency network.
Read moreHow do I withdraw cheap Eth?
How to Withdraw Ethereum as Cash
Read moreWhat is withdrawal fee in crypto?
Most charge a set amount of the cryptocurrency you want to withdraw. For example, one platform charges 0.0035 ETH (about $16) to withdraw Ethereum , but only 0.1 ALGO to withdraw Algorand (about $0.20). And it charges a whopping 40 LRC (over $100) to withdraw Loopring.
Read moreHow can I avoid withdrawal fees?
5 Easy Ways to Avoid ATM Fees
Read moreWhy is my withdrawal fee so high?
What is an Excessive Withdrawal Fee? An excessive withdrawal fee comes from a regulation imposed by the federal government, Regulation D, which limits the number of withdrawals that can come out of a savings or money market account to six (6) in a single month.
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