common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What are the fees involved in selling ETH for USD?

avatarMouridsen BoothNov 27, 2021 · 3 years ago1 answers

Can you please explain the fees that are associated with selling Ethereum (ETH) for US Dollars (USD)? I am interested in knowing the different types of fees and how they are calculated.

What are the fees involved in selling ETH for USD?

1 answers

  • avatarNov 27, 2021 · 3 years ago
    When selling ETH for USD, it's important to consider the fees involved. Transaction fees are common and are charged by the exchange or platform you use to sell your ETH. These fees can vary and are usually a percentage of the transaction amount. Withdrawal fees may also apply when transferring your USD to your bank account. These fees can depend on the platform and the amount you are withdrawing. It's always a good idea to compare fees across different platforms to ensure you are getting the best deal when selling your ETH for USD.