Minimum Withdrawals

Why is there a minimum for withdrawals?

In highly active cryptocurrency wallets such as FinanceX’s hot wallets, the number of inputs coming in (deposits) and going out (withdrawals) is enormous. In times of high activity, many small wallet inputs and outputs cause technical delays and users have to wait longer to receive withdrawals.

Requiring a minimum amount for withdrawals encourages users to combine multiple smaller withdrawals into fewer, larger withdrawals. This allows FinanceX to process requests more efficiently, and all users can enjoy faster service.

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