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.
Read moreWhat is withdrawal fees in crypto?
For each withdrawal, a flat fee is paid by users to cover the transaction costs of moving the cryptocurrency out of their Binance account . Withdrawals rates are determined by the blockchain network and can fluctuate without notice due to factors such as network congestion.
Read moreHow do I avoid withdrawal fees on crypto?
To avoid a fee, please use the Withdraw to App function . Withdrawal fees will be settled in the currency you are receiving and can not be paid with CRO.
Read moreWhy is my Hotbit account banned?
Hi, Hotbit system runs automatically with strict risk control system. We will not ban any account without any reason . If there is any problem in trading on Hotbit, please provide us with your account(You can send a dm to us), and our relevant colleagues will verify it for you.
Read moreCan I withdraw money from Hotbit?
After logging in your account on Hotbit, click “Fund-Withdrawals” on the top right corner and you can withdraw your assets from your Hotbit account .
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