What are the fees associated with wire transfers on cryptocurrency exchanges?

1 answers

• Dec 19, 2021 · 3 years ago
  At BYDFi, wire transfer fees are determined based on the amount being transferred. For transfers below $1,000, the fee is 0.5% of the transfer amount. For transfers above $1,000, the fee is 1% of the transfer amount. These fees cover the costs associated with processing the wire transfer and ensuring its security. It's important to note that additional fees may apply if the wire transfer involves currency conversion or passes through intermediary banks. We strive to provide transparent and competitive fee structures for our users to ensure a seamless wire transfer experience.
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