Bitfinex quietly increases minimum wire fee

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Quick Take

  • It now costs at least $60, up from $20, to withdraw money from Bitfinex
  • The change is likely related to banking issues the exchange has been having of late
  • Fees at Bitfinex are now higher than other leading exchanges, especially for smaller investors
While Black Friday is usually known for its price reductions, the minimum fee for a wire withdrawal on Bitfinex just went up from $20 to $60. While this seems to be specifically designed to combat Bitfinex’s recent withdrawal problems, it effectively makes Bitfinex one of the most expensive exchanges to withdraw fiat currency from in […]
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