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

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Last updated: September 6, 2024 3:16 pm
admin Published September 6, 2024
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fraud – Is it regular to be requested for an advance price on a withdrawal?


No, when transferring or promoting Bitcoin you do not ever should first pay any type of additional price upfront.

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

Odd Bitcoin transactions will deduct a small quantity of Bitcoin from the stability as a transaction price (not a switch price), however this isn’t one thing additional you pay in. Present transaction charges are very excessive at round $30 per transaction (a yr in the past they have been lower than $1). The precise price you must pay is determined by 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. This can be a transaction price not a switch price. There isn’t a such factor as a switch price or switch code in regular Bitcoin transactions.

When coping with any enterprise, no charges ought to ever come as a shock. It is best to have the ability to discover the enterprise phrases and circumstances 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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