Are there any hidden fees associated with withdrawing funds from BlockFi?

3 answers

• Dec 18, 2021 · 3 years ago
  Yes, there are fees associated with withdrawing funds from BlockFi. When you withdraw funds from BlockFi, there may be a network fee charged by the blockchain network. This fee is not controlled by BlockFi and can vary depending on the network congestion and the cryptocurrency you are withdrawing. BlockFi also charges a withdrawal fee, which is a percentage of the withdrawn amount. The exact fee percentage depends on the cryptocurrency you are withdrawing. It's important to review the fee schedule on BlockFi's website or contact their customer support for the most up-to-date information on withdrawal fees.
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• Dec 18, 2021 · 3 years ago
  Absolutely! When you withdraw funds from BlockFi, you may encounter some hidden fees. These fees can include network fees charged by the blockchain network and withdrawal fees imposed by BlockFi. The network fees are determined by the blockchain network and can vary depending on the current network congestion and the specific cryptocurrency you are withdrawing. On the other hand, BlockFi charges withdrawal fees, which are a percentage of the withdrawn amount. The exact fee percentage depends on the cryptocurrency you are withdrawing. To avoid any surprises, it's always a good idea to check BlockFi's fee schedule before initiating a withdrawal.
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• Dec 18, 2021 · 3 years ago
  Yes, there are fees associated with withdrawing funds from BlockFi. BlockFi charges a withdrawal fee, which is a percentage of the withdrawn amount. The exact fee percentage depends on the cryptocurrency you are withdrawing. Additionally, there may be network fees charged by the blockchain network. These fees are not controlled by BlockFi and can vary depending on the network congestion and the specific cryptocurrency you are withdrawing. It's important to consider these fees when planning your withdrawals from BlockFi. If you have any specific questions about the fees, you can reach out to BlockFi's customer support for more information.
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