What are the fees associated with wiring money from Citibank to a bitcoin exchange?
A EngemannDec 27, 2021 · 3 years ago1 answers
I want to know the fees involved in transferring money from Citibank to a bitcoin exchange. Can you provide me with the details of the fees, including any fixed charges or percentage-based fees? I am specifically interested in understanding the costs associated with wiring money from Citibank to a bitcoin exchange.
1 answers
- Dec 27, 2021 · 3 years agoWhen it comes to wiring money from Citibank to a bitcoin exchange, fees are an important consideration. Different exchanges have different fee structures, so it's important to research and compare the fees before making a decision. Some exchanges charge a fixed fee for wire transfers, while others may have a percentage-based fee. The fixed fee can range from a few dollars to a higher amount, depending on the exchange. The percentage-based fee is usually a small percentage of the transfer amount. It's important to note that these fees can add up, especially if you are transferring a large amount of money. Therefore, it's recommended to compare the fees of different exchanges and choose the one that offers the most competitive rates for wiring money from Citibank to a bitcoin exchange.
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