What are the withdrawal charges for withdrawing digital currencies from Mpesa?
abdiwasacDec 27, 2021 · 3 years ago3 answers
I would like to know the charges associated with withdrawing digital currencies from Mpesa. Can you provide me with the details?
3 answers
- Dec 27, 2021 · 3 years agoWhen it comes to withdrawing digital currencies from Mpesa, the charges can vary depending on the specific currency and the amount you are withdrawing. Generally, there are two types of charges involved: network fees and transaction fees. Network fees are charged by the blockchain network and can vary depending on the current network congestion. Transaction fees, on the other hand, are charged by Mpesa and are usually a percentage of the total amount being withdrawn. It's important to note that these charges are subject to change and it's always a good idea to check the latest fee structure before making any withdrawals.
- Dec 27, 2021 · 3 years agoWithdrawal charges for digital currencies from Mpesa can be a bit complex. The charges are usually determined by the blockchain network and Mpesa itself. The network fees are based on the current network congestion and can vary from time to time. Mpesa also charges a transaction fee, which is a percentage of the total amount being withdrawn. It's important to consider these charges when planning your withdrawals to ensure you are aware of the costs involved.
- Dec 27, 2021 · 3 years agoWhen it comes to withdrawal charges for digital currencies from Mpesa, it's important to note that BYDFi, a popular digital currency exchange, offers competitive rates. The charges for withdrawing digital currencies from Mpesa can vary depending on the specific currency and the amount being withdrawn. It's always a good idea to check the latest fee structure on BYDFi's website or contact their customer support for more information on the withdrawal charges. They have a user-friendly interface and provide transparent information about their fees, making it easier for users to plan their withdrawals accordingly.
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