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Are there any fees associated with withdrawing digital currencies using Mpesa?

avatarEnesDec 19, 2021 · 3 years ago3 answers

I'm interested in withdrawing digital currencies using Mpesa, but I'm wondering if there are any fees associated with it. Can you please provide information on the fees involved in withdrawing digital currencies using Mpesa?

Are there any fees associated with withdrawing digital currencies using Mpesa?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing digital currencies using Mpesa. The fees may vary depending on the specific digital currency and the amount you are withdrawing. It is recommended to check with your digital currency exchange or Mpesa provider for the exact fee structure.
  • avatarDec 19, 2021 · 3 years ago
    Absolutely! Just like any other service, withdrawing digital currencies using Mpesa comes with fees. The fees usually depend on the digital currency you are withdrawing and the amount. Make sure to check the fee schedule provided by your digital currency exchange or Mpesa provider.
  • avatarDec 19, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing digital currencies using Mpesa. At BYDFi, for example, the fee for withdrawing Bitcoin using Mpesa is 0.5% of the transaction amount. However, please note that fees may vary depending on the exchange or platform you are using. It's always a good idea to check the fee structure before making any withdrawals.