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The Cryptonomics™ > Bitcoin > fraud – Is it regular to be requested for an advance charge on a withdrawal?
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fraud – Is it regular to be requested for an advance charge on a withdrawal?

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Last updated: June 9, 2024 1:45 am
admin Published June 9, 2024
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fraud – Is it regular to be requested for an advance charge on a withdrawal?


No, when transferring or promoting Bitcoin you do not ever must first pay any kind of further charge upfront.

Being requested to pay in more money for any kind of charge is a trick of confidence tricksters (conmen, scammers, fraudsters)

Strange Bitcoin transactions will deduct a small quantity of Bitcoin from the stability as a transaction charge (not a switch charge), however this isn’t one thing further you pay in. Present transaction charges are very excessive at round $30 per transaction (a 12 months in the past they had been lower than $1). The precise charge it is best to pay relies on how advanced the transaction is and the way rapidly you need the transaction to be processed. You shouldn’t be paying greater than this and it ought to robotically be deducted out of your Bitcoin stability, not paid in as an additional quantity. It is a transaction charge not a switch charge. There is no such thing as a such factor as a switch charge or switch code in regular Bitcoin transactions.

When coping with any enterprise, no charges ought to ever come as a shock. You need to have the ability to discover the enterprise phrases and situations on their net web page with out speaking to anybody at that enterprise. Any charges that come as a shock are an indication of potential fraud.

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