Close Menu
  • Home
  • Altcoin
  • Bitcoin
  • Crypto
  • Forex
  • Online Money
What's Hot

Google Volatility, Personalized Google AI Answers, Microsoft Copilot Checkout & More SEO & PPC News

January 11, 2026

Bitcoin Whales Keep Buying, 100+ BTC Holders Hit New Highs

January 10, 2026

Why You Shouldn’t Trade Against The Trend » Learn To Trade The Market

January 10, 2026
Facebook X (Twitter) Instagram
  • Altcoin
  • Bitcoin
  • Crypto
  • Forex
  • Online Money
Facebook X (Twitter) Instagram
Cointelegraphe
  • Home
  • Altcoin
  • Bitcoin
  • Crypto
  • Forex
  • Online Money
Cointelegraphe
Home»Bitcoin»fraud – Is it normal to be asked for an advance fee on a withdrawal?
fraud – Is it normal to be asked for an advance fee on a withdrawal?
Bitcoin

fraud – Is it normal to be asked for an advance fee on a withdrawal?

adminBy adminJanuary 22, 2025No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


No, when transferring or selling Bitcoin you don’t ever have to first pay any sort of extra fee in advance.

Being asked to pay in extra money for any sort of fee is a trick of confidence tricksters (conmen, scammers, fraudsters)

Ordinary Bitcoin transactions will deduct a small amount of Bitcoin from the balance as a transaction fee (not a transfer fee), but this is not something extra you pay in. Current transaction fees are very high at around $30 per transaction (a year ago they were less than $1). The actual fee you should pay depends on how complex the transaction is and how quickly you want the transaction to be processed. You should not be paying more than this and it should automatically be deducted from your Bitcoin balance, not paid in as an extra amount. This is a transaction fee not a transfer fee. There is no such thing as a transfer fee or transfer code in normal Bitcoin transactions.

When dealing with any business, no fees should ever come as a surprise. You should be able to find the business terms and conditions on their web page without talking to anyone at that business. Any fees that come as a surprise are a sign of possible fraud.



Source link

advance asked fee fraud normal Withdrawal
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
admin
  • Website

Related Posts

Bitcoin Whales Keep Buying, 100+ BTC Holders Hit New Highs

January 10, 2026

AUSD is available for trading!

January 9, 2026

Change Log: Version 1.126 – Bitfinex blog

January 8, 2026

consensus – According to Bitcoin’s protocol and whitepaper, is Bitcoin primarily a store of value, a settlement layer, or censorship-resistant money?

January 7, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Insights

Google Volatility, Personalized Google AI Answers, Microsoft Copilot Checkout & More SEO & PPC News

January 11, 2026

Bitcoin Whales Keep Buying, 100+ BTC Holders Hit New Highs

January 10, 2026

Why You Shouldn’t Trade Against The Trend » Learn To Trade The Market

January 10, 2026

AUSD is available for trading!

January 9, 2026
ads

Subscribe to Updates

Get the latest creative news from Cointelegraphe about Crypto, bItcoin and Altcoin.

About Us
About Us

At CoinTelegraphe, we are dedicated to bringing you the latest and most insightful news, analysis, and updates from the dynamic world of cryptocurrency. Our mission is to provide our readers with accurate, timely, and comprehensive information to help them navigate the complexities of the crypto market.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Google Volatility, Personalized Google AI Answers, Microsoft Copilot Checkout & More SEO & PPC News

January 11, 2026

Bitcoin Whales Keep Buying, 100+ BTC Holders Hit New Highs

January 10, 2026

Why You Shouldn’t Trade Against The Trend » Learn To Trade The Market

January 10, 2026
Get Informed

Subscribe to Updates

Get the latest creative news from Cointelegraphe about Crypto, bItcoin and Altcoin.

Please enable JavaScript in your browser to complete this form.
Loading
  • About us
  • Contact Us
  • Shop
  • Privacy Policy
  • Terms and Conditions
Copyright 2024 Cointelegraphe Design By Horaam Sultan.

Type above and press Enter to search. Press Esc to cancel.