Articles on: Deposits and Withdrawals

Why is the Withdrawal Request Minimum $80?

We have a $25 service fee for withdrawal requests, and your balance is sent to your account via wire transfer.

Some banks have a fee for wire transfers, and this amount is further deducted from your bank account (by your bank) after you receive the wired funds. This is not something we can control. The wire transfer fees range from free ($0) to $50 (for international wire transfers). From what we've seen, most fees are around $15.

However, if your bank account (for some reason) doesn't have enough funds to cover the wire transfer fee, your bank may reject the funds we're sending and cause an unknown error for our system.

In order to avoid this situation, we have decided to make our minimum $80, so that we're covered even for the case with the highest wire transfer fee.

For withdrawal requests for funds under $80, please reach out to Customer Support.

Updated on: 02/12/2022

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