Ask Are Bitcoin withdrawals from BMF.io affected by network fees?

[babaikar]

Hi everyone, I was exploring BMF.io and I am checking out the withdrawal section. I see Bitcoin listed as one of the options, but I am not sure how it works here. Since I am new to the platform, I want to understand if there are extra costs involved.

I know that Bitcoin usually has network fees when sending funds, but I do not know if that applies on BMF.io. It would be helpful to know before I try cashing out. Are Bitcoin withdrawals from BMF.io affected by network fees?

 

[Dean101]

They don't really have a public list showing exactly what they charge for Bitcoin withdrawals. From what people say online, some platforms either slap on a small fee themselves or just pass along the usual Bitcoin network fee. So if you're cashing out BTC, expect that blockchain fee to show up somewhere either taken from your withdrawal or noted when you request it. It's kind of normal; almost every crypto service does this.