WirexApp High TRX withdrawal Fee

in crypto •  7 months ago 

I accidentally transfered some TRX to WirexApp and was surprised to see that the withdrawal fee is 42 TRX, compared to 1 TRX that is a standard exchange withdraw fee e.g. HTX, MEXC etc.

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So, IMHO, there are two use cases:

  1. exchange whatever coins to USDT, send to WirexApp and swap it to FIat and spend it.
  2. send to WirexApp, and earn the interests. By staking in X-account, you get a higher interests/passive income.

Apart from withdrawls, swapping to USDT, Fiat in WirexApp, you will also pay a higher fee, compared to doing the same thing in crypto exchanges.

Steem to the Moon🚀!

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