How do cryptocurrency exchanges charge for ACH transfers?

3 answers

• Nov 24, 2021 · 3 years ago
  Cryptocurrency exchanges typically charge fees for ACH transfers. These fees can vary depending on the exchange and the amount being transferred. Some exchanges may charge a flat fee, while others may charge a percentage of the transfer amount. It's important to check the fee structure of each exchange before initiating an ACH transfer to ensure you understand the costs involved.
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• Nov 24, 2021 · 3 years ago
  ACH transfers on cryptocurrency exchanges usually come with fees. These fees can be a fixed amount or a percentage of the transfer. The exact fee structure varies from exchange to exchange, so it's important to compare the fees before choosing a platform. Additionally, some exchanges may offer discounted or waived fees for certain user groups or high-volume traders. It's always a good idea to read the exchange's fee schedule and terms of service to understand the cost of ACH transfers.
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• Nov 24, 2021 · 3 years ago
  At BYDFi, we believe in transparency when it comes to fees. Our ACH transfer fees are based on a percentage of the transfer amount, with a minimum fee of $5. We strive to provide competitive rates while ensuring the security and reliability of our platform. If you have any questions about our fee structure or ACH transfers in general, feel free to reach out to our customer support team.
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