Cryptocurrency Q&A
What is minimum withdrawal from NiceHash?
What is minimum withdrawal from NiceHash?
KimchiQueenCharmingKiss
Sat Oct 05 2024
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6 answers
1115
Could you please clarify the minimum withdrawal amount required by NiceHash? I'm curious to know the specific threshold that users need to meet before they can initiate a withdrawal from their account balances. Is this amount fixed or does it vary based on certain factors such as the cryptocurrency being withdrawn or the user's account status? Understanding this information would help me plan my transactions more effectively and ensure that I don't encounter any unexpected barriers when trying to access my funds.
6 answers
CoinPrince
Mon Oct 07 2024
For Litecoin (LTC), the withdrawal fee is typically based on the minimum amount of LTC that can be withdrawn. In most cases, the minimum withdrawal amount for LTC is 0.01 LTC.
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SamsungShineBrightness
Mon Oct 07 2024
Similarly, Bitcoin Cash (BCH) withdrawals also have a minimum amount requirement. The minimum withdrawal amount for BCH is typically 0.003 BCH.
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SumoPower
Mon Oct 07 2024
Cryptocurrency exchanges often charge withdrawal fees for users to transfer their digital assets to external wallets. These fees vary depending on the coin, token, or currency being withdrawn, as well as the withdrawal option chosen.
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Andrea
Mon Oct 07 2024
Ravencoin (RVN) withdrawals also have a minimum amount requirement, which is 60 RVN. This means that users cannot withdraw less than 60 RVN from their cryptocurrency exchange account.
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SoulWhisper
Mon Oct 07 2024
For example, when withdrawing Euros (EUR) from a cryptocurrency exchange, the fee may depend on the minimum amount allowed for withdrawal. In the case of MaerkiBaumann, the minimum withdrawal amount for EUR is 20 EUR.
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