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What is the fee structure for depositing and withdrawing digital assets on IB?

avatarJG PraudNov 24, 2021 · 3 years ago3 answers

Can you provide me with the detailed fee structure for depositing and withdrawing digital assets on IB? I would like to know the fees involved in both the deposit and withdrawal processes for digital assets on IB.

What is the fee structure for depositing and withdrawing digital assets on IB?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Sure! When it comes to depositing digital assets on IB, there are no fees involved. IB does not charge any fees for depositing digital assets into your account. However, please note that you may incur network fees from the blockchain network you are using to transfer the assets. These fees are not charged by IB, but by the blockchain network itself.
  • avatarNov 24, 2021 · 3 years ago
    The fee structure for withdrawing digital assets on IB varies depending on the type of asset you are withdrawing. Generally, IB charges a withdrawal fee that covers the network fees associated with processing the transaction on the blockchain. The exact fee amount can be found on the IB website or by contacting their customer support. It's important to note that the withdrawal fee is subject to change based on network conditions and market fluctuations.
  • avatarNov 24, 2021 · 3 years ago
    BYDFi, a popular digital asset exchange, also offers a fee structure for depositing and withdrawing digital assets. For depositing, BYDFi charges a small fee that covers the network fees and processing costs. The exact fee amount can be found on the BYDFi website. As for withdrawals, BYDFi charges a withdrawal fee that varies depending on the type of asset and the amount being withdrawn. The fee structure can be found on the BYDFi website or by contacting their customer support.