What is a withdrawal fee?

The withdrawal fee or compensation is an amount some banks charge customers when a loan is cancelled or repaid before the agreed maturity date, either partially or in full . This represents lost earnings for the bank, with the compensation corresponding to the interest it will stop receiving.

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Are Crypto COM fees high?

Where Crypto.com falls short. High fees for credit or debit transactions: Fees for purchases made with a credit or debit card are quite high — it was 2.99% in late 2021 . Though these fees can be avoided with some legwork, this has historically been the most convenient way to fund a Crypto.com account with cash.

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What is the fee on Crypto com?

At a Glance Crypto.comFees0.04% to 0.4% maker fees, 0.1% to 0.4% taker fees, plus 2.99% for credit card purchasesCurrencies150+SecurityTwo-step verification, FDIC-insured USD balances up to $250,000, platform insurance against theft, cold storage, and uses a bug bounty programCrypto.com vs. Coinbase: Which Should You Choose? – Investopedia www.investopedia.com › crypto-com-vs-coinbase-5188428

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