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Home Bitcoin

fraud – Is it regular to be requested for an advance payment on a withdrawal?

Martin Spielberg by Martin Spielberg
February 23, 2025
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fraud – Is it regular to be requested for an advance payment on a withdrawal?
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No, when transferring or promoting Bitcoin you do not ever must first pay any kind of further payment upfront.

Being requested to pay in extra cash for any kind of payment is a trick of confidence tricksters (conmen, scammers, fraudsters)

Extraordinary Bitcoin transactions will deduct a small quantity of Bitcoin from the steadiness as a transaction payment (not a switch payment), however this isn’t one thing further you pay in. Present transaction charges are very excessive at round $30 per transaction (a 12 months in the past they had been lower than $1). The precise payment it is best to pay relies on how complicated the transaction is and the way shortly you need the transaction to be processed. You shouldn’t be paying greater than this and it ought to mechanically be deducted out of your Bitcoin steadiness, not paid in as an additional quantity. It is a transaction payment not a switch payment. There isn’t a such factor as a switch payment or switch code in regular Bitcoin transactions.

When coping with any enterprise, no charges ought to ever come as a shock. You need to be capable of discover the enterprise phrases and circumstances on their net web page with out speaking to anybody at that enterprise. Any charges that come as a shock are an indication of potential fraud.

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No, when transferring or promoting Bitcoin you do not ever must first pay any kind of further payment upfront.

Being requested to pay in extra cash for any kind of payment is a trick of confidence tricksters (conmen, scammers, fraudsters)

Extraordinary Bitcoin transactions will deduct a small quantity of Bitcoin from the steadiness as a transaction payment (not a switch payment), however this isn’t one thing further you pay in. Present transaction charges are very excessive at round $30 per transaction (a 12 months in the past they had been lower than $1). The precise payment it is best to pay relies on how complicated the transaction is and the way shortly you need the transaction to be processed. You shouldn’t be paying greater than this and it ought to mechanically be deducted out of your Bitcoin steadiness, not paid in as an additional quantity. It is a transaction payment not a switch payment. There isn’t a such factor as a switch payment or switch code in regular Bitcoin transactions.

When coping with any enterprise, no charges ought to ever come as a shock. You need to be capable of discover the enterprise phrases and circumstances on their net web page with out speaking to anybody at that enterprise. Any charges that come as a shock are an indication of potential fraud.

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