On Bitfinex you can withdraw both cryptocurrency and fiat currencies from your Bitfinex account.
A cryptocurrency is a digital currency or an asset that can be used as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerised database using strong cryptography to secure online transactions.
A fiat currency is government-issued money, such as the US dollar, that is commonly used as a means of trade in the form of banknotes and coins.
Is there a minimum for cryptocurrency withdrawals
Yes, the minimum withdrawal size for cryptocurrency at Bitfinex is $5 equivalent. The minimum withdrawal is necessary to avoid dust amounts from being processed.
Is there a minimum for fiat withdrawals
Yes, Bitfinex users with the Full Verification level can withdraw a minimum of 10,000 USD/EUR/GBP, 1,000,000 JPY, and 75,000 CNH to their bank account.
Note: There is a €25 minimum amount when using the third-party service provider OpenPayd for your Euro transfer.
If you have any questions about withdrawals at Bitfinex, feel free to contact Bitfinex Support.
