Bitso's transaction fees vary depending on the specific type of operation you perform. While some transfers are free, certain cryptocurrency withdrawals incur a fixed fee.
Understanding Bitso's Transaction Fees
When using Bitso, it's important to differentiate between various types of transactions as their associated costs can differ significantly. The platform aims to provide clarity on its fee structure, particularly for common operations like transfers and withdrawals.
Specific Transaction Costs
Based on information regarding deposits and withdrawals, here are some key fees:
| Method | Time | Fee |
|---|---|---|
| Bitso Transfer | Instantly | Free of charge |
| Ether (ERC20 Token) | 4.98 USD |
- Bitso Transfer: This method allows for instant transfers and is offered free of charge. This is beneficial for users looking to move funds within the Bitso ecosystem without incurring additional costs.
- Ether (ERC20 Token) Withdrawal: When withdrawing Ether using the ERC20 token standard, a fee of 4.98 USD is applied. This is a fixed fee, regardless of the amount being withdrawn.
It's important to note that these fees primarily cover specific deposit and withdrawal methods. Bitso's comprehensive fee structure may include other charges for different services, such as trading fees (maker/taker fees) or fees for other cryptocurrency withdrawals, which can be found on their official fee pages. Always consult the most current information directly from Bitso for the most accurate and up-to-date fee details.
For more detailed and current information on all transaction fees, including those for deposits, withdrawals, and trading, you can always refer to Bitso's official fees page.
